MartiMerrifield
MLS#26048932
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONPark Hill Add
Property Description
Exceptional opportunity to acquire a fully occupied, income-producing investment portfolio consisting of four rental properties with a total of 30 rental units. All units are on city water and sewer. Extra property to build an additional 4 units.This package offers a diverse mix of apartment buildings and residential rentals, providing immediate cash flow with long-term investment potential. Located in established residential areas, these properties feature a variety of unit types designed to appeal to a broad tenant base. Whether you're expanding an existing portfolio or entering the multifamily investment market, this rare package offers stable income, multiple property types, and significant long-term appreciation potential. Please see supplements for an overview of properties being sold.
Property Features
Property Type: Commercial -
Cooling: Central Air, Electric
Heating: Forced Air
Lot Size: 6.03 Acres
Taxes: $1,279
Year Built: 1935
Feature Descriptions
Current Use: Residential, See Remarks
Electric: Ameren
Exterior: Brick, Vinyl Siding
Parcel#: 19-3.0-06.0-1-006-019
Water: Public
Listed By / Shown By
Listed By
Agency Name: Wright Living Real Estate, LLC
Shown By
Agent Name: Marti Merrifield
Agent Phone: 314.614.1985
Agency Title: RedKey Realty Leaders
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916 N Mill Street | MLS# 26048932
This commercial property located at 916 N Mill Street , Festus, MO 63028 is currently listed for sale with an asking price of $3,500,000. Search Festus real estate on www.martimerrifield.com today.