73 NW 291st Road, Centerview, MO 64019
- $174,900
- 3
- BD
- 2
- BA
- 1,401
- SqFt
- List Price
- $174,900
- Price Change
- ▼ $23,100 1787081785
- MLS#
- 2625724
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,401
- Lot Size
- 12,228
- Acres
- 0.28
- Subdivision
- Green Meadows
Property Description
Investor opportunity with immediate rental income and future upside! This tenant-occupied 3-bedroom, 2-bath all-electric ranch offers approximately 1,400 square feet of living space on a spacious 12,228 sq. ft. lot with a large fenced backyard. Built in 1997, the property is currently leased through February 2027 at $1,365 per month, providing established rental income from day one. The home does need a new roof, with a contractor estimate of approximately $10,000 available; this anticipated expense has already been considered in the asking price. Beyond the roof, the primary value-add opportunity is cosmetic, with new flooring and paint offering potential to increase rental appeal and income after the current lease expires. Preliminary estimates suggest potential future rent of approximately $1,450–$1,500 per month following updates, subject to market conditions and buyer verification. Offered at $174,900, this property provides investors an opportunity to purchase below recent comparable sales while acquiring an established rental with potential for long-term appreciation and future income growth. Please do not disturb the tenant. Showings by appointment with adequate notice.
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Additional Information
- Year Built
- 1997
- School District
- Centerview
- Garage
- Yes
- Garage Spaces
- 2
- Basement
- Yes
- Basement Description
- Unfinished
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Concrete, Frame
- Water
- Public
- Cooling
- Electric
- Heating
- Electric
- Taxes
- $1,222
Mortgage Calculator
Listing courtesy of Madison Alexander of Brooks Realty Group LLC.
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