15899 Us-160 Gainesville, MO 65655
This versatile 1,702 sq ft, 3-bedroom, 2-bathroom ranch home sits on a spacious 1.6-acre lot along US Highway 160, just outside Gainesville, Missouri. Built in 1970, the property boasts a new well and a recently installed septic system, ensuring modern conveniences. The home features a large front deck, a portable 2-stall carport, and updated interiors including a remodeled kitchen with new appliances, countertops, backsplash, and sink. The living areas include a formal living room and a family room, perfect for entertaining. A gas line is already in place for a fireplace in the rock wall of the family room. Recent upgrades also include new interior doors, energy-efficient tilt-in windows (installed February 2023), and a metal roof (installed approximately 5 years ago). A new electric hot water heater was installed in December 2023. The property's ample land offers endless possibilities. Utilize the existing storage shed and chicken coop, or expand to create an RV park, hobby farm, or additional storage buildings. Fruit trees (apple, peach, and pear) and a garden area are already established. The property includes a shared driveway with a neighbor, with access to the neighbor's property a short distance from the main entrance. This property presents a fantastic opportunity for income generation, whether through rentals, Airbnb, or other ventures. The asking price is $279,900. The property is priced at $164.45 per square foot. Schedule a viewing today.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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