600 W  Jackson St, Warsaw, MO 65355
FOR SALE1.25 ACRES

600 W Jackson St
Warsaw, MO 65355

  • Studio
  • Studio

$1,350,000

Est. Mortgage $7,970/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Excellent investment opportunity for 21 apartment units in the heart of the Ozarks, Warsaw, Missouri. Offering a great unit mix of 1, 2, and 3 bedroom units, as well as 4 convenient storage units on a spacious 1 ¼ acre lot. The units boast a strong rental history, with high demand leading to swift lease up and sustained occupancy. All units are on city utilities, and 14 of the 21 units are separately metered for electricity with tenants paying in their names. 7 units are on one meter with landlord paying electricity for those, landlord pays water for all but 1 unit. Units currently grossing $14,735 mo There is fantastic value add opportunity, with multiple units under market rent, as well as on site coin laundry room that is currently not being utilized. Or monthly utility fees to help offset utility expenses. A significant portion of the units have been recently renovated, offering upgraded paint, vinyl plank flooring, mini split systems, decking, and more. This prime location presents an attractive opportunity to expand your portfolio in a desirable market. Note: all units are currently occupied, and showing requires an executed LOI or Purchase and Sale Agreement. All units can be viewed/ inspected during diligence period. Site visits are encouraged, please do not disturb tenants.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
25 days ago

Home Details for 600 W Jackson St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Appliances & Utilities
Telephone: Telephone Exchange: WarsawAppliances: All Apartments, Oven/Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Has Heating Unspecified Type
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: MetalWooded Area Size: 174240Exterior: BalconyFoundation: Block
Parking & Garage
No CarportNo GarageParking Spaces: 2Parking: Off Street
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 25

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Vinyl SidingNot a New Construction

Price & Status

Price
List Price: $1,350,000

Active Status

MLS Status: Active

Location

Direction & Address
City: WarsawCommunity: Unknown

Agent Information

Listing Agent
Listing ID: 97285

Lot Information

Lot Area: 1.25 Acres

Offer

Listing Terms: For Sale Only

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 2.5Sub Agency Commission Type: %Transaction Broker Commission: 2.5Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: 12 Months

Miscellaneous

BasementMls Number: 97285
Last check for updates: about 22 hours ago
Listing courtesy of Dillon Wing, (660) 492-6989
Re/Max Truman Lake, (660) 885-2201
Charles M Gray
Re/Max Truman Lake, (660) 885-2201
Source: WCAR MO, MLS#97285

Price History for 600 W Jackson St

DatePriceEventSource
04/04/2024$1,350,000Listed For SaleWCAR MO #97285

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What Locals Say about Warsaw

  • Monte C.
    "Dog friendly neighborhood owners most control the pets. There are more dog owner than cat owners. I seldom see cat owners out walking their cats. "
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  • Cheryl R.
    "we live on the lake in a quiet private subdivision. We have lived here for 6 years. Everyone is so nice and its beautiful here."
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  • Joseft660
    "Sterett creek village. quiet for the most part. many retired ppl on their golf carts that like to block the roads and chat with other golf carters. they also cruise slowly over and over and stare into ppls yards and houses. I think they need hobbies. lol "
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  • Garyinozarks
    "It’s a nice, friendly small town in a resort area. Lots of retirees here. Jobs are scarce. Be prepared to commute an hour or more for work. "
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  • Gmcurd67
    "the quietness of the neighborhood and it feels like country but I want to move my family out in the country"
    10
    Flag
  • Gmcurd67
    "friendly people but my family and I would like to move further from renting to actually owning a home"
    2
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LGBTQ Local Legal Protections

Dillon Wing, Re/Max Truman Lake
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
600 W Jackson St, Warsaw, MO 65355 is a studio multi-family built in 1945. This property is currently available for sale and was listed by WCAR MO on Apr 4, 2024. The MLS # for this home is MLS# 97285.