304 19Th StRolla, MO 65401

Property Details for 304 19Th St

Year built

1948

Lot size

0.34 AC

Property type

Multifamily properties

Description

This exceptional 8-unit multifamily property presents a compelling investment opportunity in Rolla, Missouri. Located at 304 E 19th Street, this 0.34-acre property enjoys a highly desirable location, situated directly behind a Starbucks and Lee's Chicken, offering immediate proximity to both the Missouri University of Science and Technology (MST) campus and the vibrant business loop. The strategic positioning ensures strong rental demand and significant potential for future appreciation. The property currently consists of eight individual units, each featuring a one-bedroom, one-bathroom layout. Each unit is equipped with an electric heating stove and refrigerator, providing essential amenities for tenants. The existing structure offers immediate rental income, while the prime location and surrounding development present significant opportunities for future redevelopment and value enhancement. This property is an ideal investment for those seeking a stable income stream with considerable upside potential in a rapidly growing area. The combination of a strong location, existing rental income, and redevelopment possibilities makes this a rare and attractive investment opportunity. Don't miss the chance to secure this prime property. The asking price is $699,000.

Location Insight

City

Rolla

County

Phelps

State

Missouri

Latitude

37.9593

Longitude

-91.7669

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