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  • Price$907,500
  • Built1981

602 Olive St, De Soto

Listing includes 2 brick veneer garden style apartment buildings consisting of: (11) one-bedroom units with attached carports at current rents of $450 per month and (7) apartment units with a 1 car attached garage that are currently rented at $550 per month. These units have 4 rooms, one of which could be used as a second bedroom. There is also a separate laundry facility with coin operated washers and dryers, a furnished community/activity room and outside garden area. All 18 units are platted as condo's and could either be sold individually or rented. An excellent investment opportunity with the complex having always enjoyed high occupancy levels. This apartment complex has been well maintained over the years with both buildings basically having maintenance free exteriors.

Essential Information

  • MLS® #19076694
  • Price$907,500
  • Acres0.00
  • Year Built1981
  • TypeMulti-Family 5+
  • Sub-TypeApartment Complex
  • StyleLow/1-2
  • StatusActive
  • Taxes$7,918

Amenities

  • Parking1 Space/Unit, Carport(s)

Exterior

  • Lot Description0x0
  • ConstructionBrick Veneer Predom

Additional Information

  • Date ListedOctober 15th, 2019
  • Days on Market34

Community Information

  • Address602 Olive St
  • AreaDesoto
  • SubdivisionWestbury
  • CityDe Soto
  • CountyJefferson
  • StateMO
  • Zip Code63020

Interior

  • Interior FeaturesCommunity/Rec Room
  • HeatingHeat Pump
  • CoolingCentral-Electric, Heat Pump

School Information

  • DistrictDesoto 73
  • ElementaryVineland Elem.
  • MiddleDesoto Jr. High
  • HighDesoto Sr. High

Listing Details

  • Listing OfficeFarm & Home Realty, Inc.
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