209 W Broadway St

Plattsburg, MO 64477
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2 bd, 2 ba | 1,449 sqft | Built in 1923

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List Price
$170,000

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$1,630

Total Return

$97,228

Annualized Return

28.1%

Cap Rate

8.2%

Gross Yield

11.5%

Cash Flow

$3,967

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,498

HOA

None

Flood Risk

Not Required

This delightful home, nestled in the heart of Plattsburg, offers a blend of old-world charm and modern conveniences. An inviting front porch welcomes you: perfect for enjoying your morning coffee or relaxing in the evening. The house spans 1,449 square feet and features a spacious layout. There are 2 bedrooms, providing cozy spaces for rest and relaxation. The home boasts 1 1/2 baths, ensuring convenience for residents and guests. The huge living room is ideal for gatherings, while the formal living room adds elegance. Pocket doors enhance the character of the space. Victorian woodwork can be found throughout the home adding a touch of timeless beauty. The spacious kitchen is a chef's delight, with white cabinets and 2 pantry areas. It also walks out to a partially covered deck. A detached garage provides space for your car and more. It even includes heating and air conditioning. The garage also includes a small shop, perfect for hobbies or storage. In addition to the garage, there is a carport at the back of the house. This lovely home offers a blend of comfort, character, and practicality. Don't miss the opportunity to make it yours!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$3,773

Property Taxes

-$1,600

Loan Payments

-$9,242

Net Cash Flow

$3,967

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Laurel DeFreece
Agent License 2003000944
Laurel DeFreece
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2483177
Last Updated: 04/20/2024 19:04
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