Zoned for Nightly rentals! Units can also be subdivided per zoning. 2 buildings. Building A is a charming three plex with townhome design.1200 sf in each unit (upstairs/downstairs) built in 1978. They are 2 BR/2BA, updated paint and flooring in several units. Deck and lake views. The second building is a 6 plex Built in 1993. Almost 800 sf in each unit 2 BR/1 BA. All units feature central heat and air, kitchen appliances. Roof new in 2020, multiple Heat and air systems have been replaced. (See detail sheet) Proven Rental History and many of the updates have been made. Individually metered utilities. Owner pays water and trash. Public water and septic certified by Stone County. Expenses are minimal and many opportunities since all 9 of these units are zoned for Nightly condo rentals. Currently used as a long-term rental. 2 units have been emptied and some tenants are month to month to facilitate conversion, or new tenants can be placed prior to closing. Manager is happy to continue. Vinyl siding, laminate or LVP flooring and newer paint in each unit. Units have been updated as tenants move in/out. Beautiful views of the Lake from every unit. Restaurant next door. Great location in area of new construction. Close to both Kimberling City and Dogwood Canyon. just 1.5 south of Kimberling City Bridge. Public boat ramp nearby. There is a nice road behind the complex that has access to the Lake, parking space for about 4 or 5 cars and great cove for kayaking or canoeing. There is a trail completed to walk there as well. Great opportunity in growing area!
Hoa: No
Baths Unit: 1
Baths Unit: 2
Roofing Material: Composition
New Or Under Construction: No
Year Built: 1,993
Construction: Stone, Wood Frame, Vinyl Siding
Transaction Type: Sale
Type of Tenancy: Monthly, Other
Flood Insurance: Unknown
Bed Units Price: Over $450
Yearly Net Oper Inc: Over $25,000
Parking: Two or More
Appliances: Oven/Range, Dishwasher, Refrigerator
Acres: 3.05
Docks Slip: No
Miscellaneous: Native Landscaping, Smoke Detector, Drought Resist Ldscp
Inside City Limits: No
Deposits: Deposit Required
Foreclosure: No
View: Yes
Buildings: Two Buildings, Two Stories
Streets: Asphalt
Zoning: Nightly Rental
County: Stone
Property Type: B
View: Panoramic, Year Round
Will Sell: Cash,1031 Exchange,Conventional
Financing: Cash, Conventional
Possession: At Closing,Subject to Tenant Rt
Sqft: 8,400
Sqft Finshd Unfnshd: 5000 or more
Bed Units Sqft: 751 - 1, 000 SqFt
Tax Year: 2,024
Re Tax Provided By: Assessor Records
Num Three Bedroom Units: 0.00
Efficiency Units: 0.00
Num One Bedroom Units: 0.00
Num Units: 9
Unit Features: All Units, Washer/Dryer Hookup, Patio/Balcony
Num Two Bedroom Units: 9.00
Water: City Water
Heating: Forced Air, Central
Cooling: Central
Sewer: Septic
Utilities: Electricity, Tenant Pays Part, Separate Meters, Water, Trash, High Speed Internet Access
Lake River: Table Rock
Waterfront View: Front
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