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Listed by Logan Gratz Gratz Real Estate, LLC
$ 185,000
Est. payment /mo
Pending
624 SCHOOL STREET Jefferson City, MO 65101
1,716 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $107
Subdivision Parker & Thomas
MLS Listing ID 10073225
Abv Grd Liv Area 1,716
Year Built 1910
Lot Size 3,484 Sqft
Acres 0.08
Source Jefferson City Area Board of REALTORS®
Land Area 1716
Property Description
4 side brick duplex in Jefferson City. Lower unit is a 1 bedroom, 1 bath and is vacant. Upstairs unit is a 2 bedroom, 1 bath and is leased for $850. Upstairs unit has the possibility of adding an additional bedroom and bathroom on third floor. Plumbing for the bathroom is ran upstairs. Laundry hookups in both units. Tenants pay electric and gas. Landlord pays water, sewer, trash, insurance, taxes, and grounds care. Many updates have been done and property has been well maintained. The property is located in a flood zone; however, the seller has an existing transferable flood insurance policy providing $175,000 in coverage that can be assigned to the buyer without any changes to the policy. The policy is in effect through June 17, 2027, with an annual premium of just $1,110--an excellent opportunity to benefit from an established policy and avoid the uncertainty of obtaining a new one at current market rates. This would be a great opportunity as a short term rental, many options for those that work downtown or at the Capitol, owner occupy and let the other unit help pay your mortgage, or simply as an investment.
Location
State MO
County Cole
Zoning RA-2
Rooms
Basement Interior Entry
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Flooring Wood
Exterior
Parking Features Open, Other, On Street
View Y/N No
Building
Building Description Brick, County Records
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
Elementary Schools Thorpe Gordon
Middle Schools Lewis & Clark
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS