$287,500

Income-Producing 4-Plex | Huntsville, Missouri 106 E Library Street, Huntsville, MO Looking to expand your investment portfolio or get started in real estate investing? This four-unit multifamily property in Huntsville, Missouri, offers a great opportunity to own an income-producing property with established tenants and potential for future growth. The property features four spacious 2-bedroom, 1-bathroom units, each offering approximately 965 square feet of living space. The two lower-level units include garage spaces and rent for $850 per month, while the two upper-level units rent for $825 per month. With a potential gross rental income of $3,350 per month or $40,200 annually at full occupancy, this property offers an attractive opportunity for investors looking to generate rental income. Tenants are responsible for their own electric, while the owner currently pays water, sewer, and trash. The City has indicated that separate water meters may be an option for each unit, providing a potential opportunity for a future owner to reduce operating expenses. The property has also seen recent improvements. Unit 2 features new carpet, fresh paint, and additional updates. Unit 1 is currently vacant and has received a fresh coat of paint, giving a new owner the opportunity to secure a tenant right away or make additional improvements to increase its rental potential. The current owners report receiving regular inquiries from prospective tenants, suggesting continued interest in rental housing in the area. Located in the quiet community of Huntsville, just a short drive from Moberly, the property offers small-town living with convenient access to shopping, dining, employment, and everyday amenities. Whether you're purchasing your first investment property or adding to an existing portfolio, 106 E Library Street offers multiple rental units, established income potential, and opportunities to build long-term value. Property Highlights * Four 2-bedroom, 1-bathroom units * Approximately 965 square feet per unit * Two garage spaces serving the lower-level units * Lower units rent for $850/month * Upper units rent for $825/month * Potential gross monthly rental income: $3,350 * Potential gross annual rental income: $40,200 * Three occupied units and one vacant unit * Freshly painted vacant unit ready for a new tenant * Tenants pay their own electric * Potential for separate water meters * Recent improvements to Unit 2 * Opportunity for additional improvements * Convenient Huntsville location near Moberly Four units. Multiple income streams. One investment opportunity. Schedule your private showing today and see what this property has to offer! Property is being sold AS-IS. Seller's Disclosure is available for review. All information is deemed reliable but not guaranteed. Buyers and their agents are encouraged to independently verify property details, rental information, utilities, and condition.