$425,000 $2,281 est/mo Sourced by Back At You
203 Recreation Avenue,Rockaway Beach, MO 65740
Rockaway Beach, MO 65740
Description
8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow!
Details
| MLS # | 60293195 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1940 |
| Days On Site | 54 |
| Listing Provided By | Keller Williams | Robert Blitch |
Features
| Units | 8 |
|---|---|
| Zoning | Motel/ Multi-fa |
| Acreage | 0.46 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Base Board, Space Heater |
| Appliances | Microwave, Refrigerator |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | One Per Unit |
Taxes
| Property | 1003 |
|---|
Request a showing
Request a showing
Loading Form
Contact
Learn More About This Property
| State | MO |
|---|---|
| County | Taney |
| City | Rockaway Beach |
| Zip Code | 65740 |
| Community Name | Rockaway Beach |
| School District | Forsyth |
| Elementary School | Forsyth |
| Middle School | Forsyth |
| High School | Forsyth |
| Listing VS Median (in Rockaway Beach) | |
Price: $425,000 low | high Med: $214,900 On site: 54 low | high Med: 55.000000 | |
Listing Updated: June 7, 2025 at 9:18:52 PM PDT
