220 Chestnut St Houston, MO 65483
- Multifamily properties
- 0.28 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 220 Chestnut St
- Year built
- 1963
- Lot size
- 0.28 lot acres
- Property type
- Multifamily properties
Description
This meticulously maintained six-unit multi-family property located at 220 W Chestnut Street in Houston, Missouri, presents a compelling investment opportunity. The complex sits on a 0.28-acre lot and is comprised of five spacious one-bedroom, one-bathroom units and one larger two-bedroom, two-bathroom unit. Each unit offers residents the convenience of a private entrance, ample storage with walk-in closets, and modern comfort with central heating and air conditioning. On-site amenities include a coin-operated laundry facility for tenant use, ensuring added convenience and income potential. A storm shelter provides an important safety feature for residents. Designated parking is available for each unit, eliminating parking hassles. The property's strategic location offers exceptional walkability to local schools, parks, and the downtown area, enhancing its appeal to tenants and maximizing rental income potential. This turnkey operation requires minimal effort for management, making it an ideal investment for those seeking a low-maintenance, high-return property in a desirable Missouri town. The asking price is $399,999. This represents an excellent opportunity for investors seeking a stable and profitable addition to their portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Texas
- State
- Missouri
- Longitude
- -91.95769
- Latitude
- 37.32338
