Turnkey Income Property with Strong Returns 204 E 5th Street presents a fully leased commercial investment offering over 6,000 square feet of retail space divided into five separate units. The property is 100% occupied, generating $6,200 in monthly gross rents against average landlord expenses of $935 per month, resulting in stable net income and dependable cash flow. Significant 2024 capital improvements reduce future maintenance costs and enhance long-term value, including four new HVAC units, complete bathroom remodels, and building reconfiguration to optimize leasable space and rental performance. With updated systems, solid tenants, and a proven income stream already in place, this property is an ideal option for investors seeking a low-maintenance, income-producing asset with immediate returns and future growth potential.
Details
MLS #
60306482
Listing Type
For Sale
Style
Retail
Sub-Type
Resale
Status
Active
Year
1999
Days On Site
406
Listing Provided By
Murney Associates - Primrose | Gideon Valley Real Estate
Features
Bath(s)
4
SQ Feet
6,000
Acreage
1.00
Interior
Cooling Yes / No
Yes
Cooling
Central
Parking
Garage Yes / No
No
Attached Garage Yes / No
No
Parking Features
20+ Spaces, Hard Surface
Taxes
Property
2999
Area Information
State
MO
County
Barry
City
Cassville
Zip Code
65625
Sourced by Back At You
MLS Number: 60306482
Gideon Valley Real Estate
Murney Associates - Primrose
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