1545 Main St Festus, MO 63028-2065

This exceptional 14-unit multi-family property located at 1545 W Main Street in Festus, Missouri, presents a compelling investment opportunity. Situated on a 0.34-acre lot within the city limits, this fully occupied building offers convenient access to local amenities, including a nearby school and daycare center. The property comprises a mix of ten two-bedroom units and four one-bedroom units, ensuring a diverse tenant base and strong rental income potential. Adding to its appeal, the building includes a valuable amenity: coin-operated washers and dryers, providing an additional revenue stream for the owner. Each unit boasts its own private storage unit located in the basement, a feature highly sought after by renters. Further enhancing the property's functionality is a dedicated office space complete with a bathroom, situated in the basement for convenient management. This turnkey investment property offers a rare chance to acquire a stable, high-occupancy multi-family building in a desirable location with significant income potential. The property is priced at $1,150,000. This represents a strong return on investment given the current occupancy and rental income generated. The convenient location and desirable features make this an attractive option for both seasoned investors and those new to the multi-family market. Serious inquiries are encouraged.