211 Grand Ave Houston, MO 65483-1225

This exceptional 10-unit apartment complex, built in 1929, presents a unique investment opportunity in Houston, Missouri. Situated on a 0.18-acre lot at 211 S Grand Avenue, just off Sam Houston Blvd. and Main Street, this 12,359 square foot property boasts significant historical charm and strong income potential. The building features nine one-bedroom, one-bathroom units and a spacious three-bedroom, three-and-a-half-bathroom owner's suite, currently all occupied. High ceilings, beautiful woodwork, and street-front access add to its appeal, with potential for a restaurant or commercial storefront. The property benefits from a recently installed hot water heater, ensuring tenant comfort. Adding to its unique character, President Harry S. Truman once stayed at this location. Modern conveniences include a fully installed 3-phase electric system, central air conditioning in common areas, and a propane/wood-burning furnace for heating those areas. Individual units are equipped with electric baseboard heating and window air conditioning units. This property offers a blend of historical significance and modern amenities, making it an ideal investment for those seeking a high-return property or a chance to restore a piece of history in a desirable location. The asking price is $325,000.