Multi-Family for Sale: 232 N Church Street, Sullivan, MO 63080

15,564 sqft
$1,400,000
$1,400,000
232 N Church Street, Sullivan, MO 63080
15,564 sqft
$1,400,000
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Price:
$1,400,000

Type Multi-Family
Square Footage 15,564 sqft
Lot Size 1.29 acres
Year Built 1968
Taxes Paid $8,758

City Sullivan
County Franklin
School District Sullivan
Subdivision Ross Add 02

MLS 24013730
Status Pending
DOM 2 days
H2208 - Sullivan's largest multi-family complex, the Garden Apartments, is finally on the market and looking for a new Owner. This 2 building complex houses 14 - 2 bedroom units (2 are currently being used for storage and are not rented or renovated), and 9 - 3 bedroom units. As per the attached pictures, many units have recently been extensively renovated. All units have newer Trane electric furnaces and central air as well as low E windows. Both buildings have newer roofs, one of which is only 4 years old. One unit is being temporarily kept from the rental pool to allow Investors to see a sample unit without disturbing tenants. Operational income and expense reports are available for qualified and serious potential buyers who are looking for a CAP rate approaching 8%, with the potential (based on area rental amounts) to be closer to 10%.

Lot & Building Features

Construction Brick Veneer
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 129X379X166X375 ft

Community and Schools

Elementary School Sullivan Elem.
Junior High School Sullivan Middle
Senior High School Sullivan Sr. High

Price History of 232 Church Street, Sullivan, MO

Date Name Price Difference
05/21/2024 Listing Price $1,400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 232 Church Street, Sullivan, MO

Location Map Street View
Photo of Kasha Belttari
Direct: 314-960-8027
Office
304 E Main Street
Warrenton, MO 63383
636-432-1340
Listed by Coldwell Banker Reeves, Dave Plant
$
20%
0.62557142857143%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

232 Church Street (MLS #24013730) is a multi-family listing located in Sullivan, MO. This multi-family listing is on a lot of 56,367 sqft (or 1.29 acres) and is 56 years old. This property was listed on 05/21/2024 and has been priced for sale at $1,400,000.

Nearby zip codes are 65441. This property neighbors other cities such as Bourbon.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Reeves

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