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Property profile & analytics
OFF-MARKET
Apartment buildings

601 Smith St Kirksville, MO 63501

Property ID
US48-2188839
Property summary
AI-generated overview

This two-unit apartment building at 601 W Smith St, Kirksville, MO 63501, presents a compelling investment opportunity. Priced at $184,900, this property offers excellent potential for rental income. Each unit boasts separate utilities, providing efficient management and cost control. The property underwent a significant roof upgrade with new shingles in 2024, ensuring long-term durability and minimizing maintenance concerns. Its convenient location places it within walking distance of both ATSU (A.T. Still University) and Truman State University, guaranteeing a consistent pool of potential tenants. Proximity to downtown Kirksville adds further appeal. The spacious layout of each unit allows for comfortable living, making it ideal for both owner-occupancy and full rental operation. Whether you choose to live in one unit and rent the other, or maximize your return by renting both, this property offers flexibility and strong potential for a positive cash flow. This well-maintained property is ready for immediate occupancy or rental. Don't miss this chance to acquire a valuable asset in a thriving Missouri community.

Property profile
Verified
Property type Apartment buildings
UPID US48-2188839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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