605 La Harpe StKirksville, MO 63501

Property Details for 605 La Harpe St

Year built

2015

Property size (Sq ft)

1,356 SF

Property type

Residential income homes

Property subtype

Dormitories

Description

This exceptional Class A multifamily investment opportunity in Kirksville, Missouri, presents a compelling addition to any portfolio. The property, located at 605/607 W La Harpe St, comprises a well-maintained duplex built in 2015, boasting a total of 2,712 net rentable square feet across two units. Each unit offers 1,356 square feet of living space, featuring three bedrooms, two bathrooms, an attached single-car garage, an open floor plan, stainless steel kitchen appliances, and a spacious master suite. Currently enjoying 100% occupancy with leases extending to June 30, 2025, this property offers immediate cash flow and a proven track record of strong rental income. Situated on a sizable 14,700 square foot lot, the property is zoned residential and presents a low-maintenance investment with significant potential for long-term growth. The asking price is $325,000, translating to $162,500 per unit and $239.68 per square foot. This turnkey investment is ideal for those seeking a reliable and profitable addition to their real estate holdings. The property's popularity with ATSU students ensures consistent tenant demand. Don't miss this chance to acquire a high-performing asset in a desirable location.

Location Insight

City

Kirksville

County

Adair

State

Missouri

Latitude

40.1789

Longitude

-92.587

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