Investors, don't pass this up! This is a prime opportunity to grow your portfolio and increase your monthly cash flow. 13 unit, HUD approved, single level multi-building apartment complex located in Grandin, MO grossing $7,300 per month. This property features concrete parking, coin operated washer & dryer on site for the convenience of your tenants. All apartments are updated with vinyl flooring and are handicap accessible. Each apartment offers 1 bedroom, 1 bathroom. Owner currently pays all utilities: trash, lawn, water, sewer, electric. Utilities are typically between $1500-$2000 per month. Windstream or Sparklight internet is offered in the area. All units are currently rented with vacancies rare and easy to fill. Please schedule an appointment to view the property to avoid disturbing tenants.
The median home value in Grandin, MO is $66,300. This is lower than the county median home value of $100,400. The national median home value is $219,700. The average price of homes sold in Grandin, MO is $66,300. Approximately 34.48% of Grandin homes are owned, compared to 44.83% rented, while 20.69% are vacant. Grandin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Grandin real estate agent to arrange a tour today!
Grandin, Missouri has a population of 218. Grandin is more family-centric than the surrounding county with 30.23% of the households containing married families with children. The county average for households married with children is 27.02%.
The median household income in Grandin, Missouri is $19,722. The median household income for the surrounding county is $37,875 compared to the national median of $57,652. The median age of people living in Grandin is 38.5 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 47.4 inches per year, with 8.4 inches of snow per year.