Price Reduction
Address
203 South Main Monroe City, MO
Price
$ 569,900
Property Attributes
  • MLS#21058184
  • TypeMulti-Family
  • CountyMONROE
  • CityMonroe City
  • AreaMonroe City R-1
  • Zip63456
  • Style
  • Year Built1917
  • Taxes$ 834
  • Price$ 569,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7608
  • Lot Size4,574 SqFt
Listing Provided Courtesy Of:
Ravenscraft Realty
Data Source:
Mid America Regional Information Systems (MARIS) - 71 - MO
Property Description

Great investment property. This property is the old Farmers and Merchants bank building built in 1917. The property is a centerpiece of town, and is on the National Register of Historic Places. The two-story structure is two stories consisting of 7 residential rental and potentially 3 commercial sites. The wedge-shaped, flatiron building has an impressive main entrance covered in glazed terracotta tile with a granite base. The building a two-part commercial clad in tapestry brick. Opportunities abound for income production for the 7 rental units, served by a common laundry, and the 3 commercial possibilities. There are 5 one bedroom unit, and 2 two bedroom units with on site manager. Increase Mark Twin Lake traffic only adds to the appeal of this property. One of the previous occupants used this as a saloon, and the end unit would be perfect for a restaurant and an unfinished area that could serve as the kitchen area. Attached documents tell the history. Duplicate listing of 21058540

Elementary School Middle School High School
Monroe City Elem. Monroe City Middle Monroe City R-I High
Price History
8/17/2021 Listed $574,999
11/24/2021 1% - $569,900

General Features

Attached Garage No
City Monroe City
Construction Materials Brick
Cooling Electric, Zoned
County Monroe
Days on Market 99
Directions Main Street/Highway 24 in downtown Monroe City
Disclosures Unknown, Sellers Discl. Avail
Elementary School Monroe City Elem.
HOA Fee Frequency None
Heating Forced Air
High School Monroe City R-I High
High School District Monroe City R-I
Lot Size Square Feet 4574
MLS Area Monroe City R-1
Middle/Junior High School Monroe City Middle
Ok to Lease Leases
Possession Close Of Escrow
Property SubType Multi-Family 5+
Property Type Commercial Sale
PropertyCondition None
Sewer Public Sewer
Showing Instructions Call Listing Agent, Call Listing Office
Standard Status Active
Street Name South Main
Subdivision Name none
Tax Annual Amount 834
Tax Year 2021
Tenant Pays All Utilities
Total Units 7
Township Monroe City
Year Built 1917

Interior Features

Above Grade Finished Area 7608
Above Grade Finished Area Source Public Records
Heating Y/N Yes

Exterior Features

Inclusions Building & Land
Lot Dimensions Irr.
Lot Size Acres 0.105
Lot Size Source County Records
Parking Features On Street, Parking Lot
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 63456

Price
AVG $320K
$570K
Taxes
AVG $860
$834
Visits
AVG 11
19
Year Built
AVG 1909
1917
Walkscore
AVG 30
33
Data Provided by Walkscore ® not using MLS data

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