424 Poplar St Piedmont, MO 63957
- Multifamily properties
- 0.90 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 424 Poplar St
- Year built
- 1940
- Lot size
- 0.90 lot acres
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents three adjacent duplexes located at 424 Poplar St., Piedmont, MO, situated on a 0.9-acre lot. The property comprises six rental units offering a compelling blend of potential and affordability. Four units boast 600 square feet each, while two larger units provide 916 square feet of living space. Each duplex features two two-bedroom units. While the buildings require some repairs, the current asking price of $89,500 presents a significant opportunity for value appreciation. Two of the duplexes feature durable metal roofing, while the third has a shingle roof. The property's location and the potential for rental income make this an attractive proposition for investors seeking a hands-on project with substantial returns. The current configuration allows for immediate rental income generation, with the potential for increased profitability following renovations and upgrades. The property's proximity to other units ensures efficient management and maintenance. This is a rare chance to acquire six rental units for a price significantly below $15,000 per unit, offering a strong return on investment for the right buyer. Act quickly to secure this promising investment opportunity.
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
- Piedmont
- County
- Wayne
- State
- Missouri
- Longitude
- -90.69631
- Latitude
- 37.16066
