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400 South McArthur, Salem, MO 65560

$650,000

  • For Sale
  • Active
  • Multi-Family
400 South McArthur, Salem, MO 65560View this property at 400 South McArthur, Salem, MO 65560
400 South McArthurSalemMO65560
Property Description
Great commercial investment property. Four 2 bedroom, 2 bathroom duplexes with vaulted ceilings, large utility rooms, big closets, and one car garages located on a quiet city street in a great neighborhood. Spray foam insulated walls, heat pump, and central air make for happy tenants when the utility bill comes due. These are built to attract the upper quality renters of the small town of Salem. 8 units total and each unit is more than 1,000 square feet of living space. Priced to sell at $650,000.

Full Property Details for 400 South McArthur

General

  • Price: $650,000
  • Taxes: $4,983 (2014)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17064302
  • Updated: 4/24/2018
  • Added: 322 day(s) ago

Rooms

Other Rooms

  • Laundry: Laundry Connection in All Units

Parking

  • Parking Features: 2 or More Spaces per Unit
  • Parking: 2 or More Spaces per Unit

Location

  • Area: Salem
  • County: Dent
  • Township: 13/34/6
  • Subdivision: Dents South Add
  • Driving Directions: In Salem from the 32/72 19 Junction (four corners) head west toward Licking, MO. At the next stop light turn right onto McArthur Ave. Travel 1/2 mile, properties will be on your right hand side.
  • Location Details: City, Corner Location

School Information

  • School District: Salem R-80
  • Elementary School: Wm. H. Lynch Elem.
  • Middle School: Salem Jr. High
  • High School: Salem Sr. High

Heating & Cooling

  • Cooling Type: Electric Central Air Conditioning
  • Heating Type: Forced Air, Heat Pump
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Propane Tank: None
  • Sewer: Public
  • Water: Public
  • Cable Available: Yes

Structural Information

  • Architectural Style: Low-Rise (1 or 2 Stories)
  • Description/Design: Low-Rise (1 or 2 Stories)
  • Construction: Vinyl Siding
  • Year Built: 2011

Unit Information

  • Units in Building: 1
  • Unit Features: Restriction-Pets, Smoke/Alarm Detector, Other

Unit 1

  • Bedroom 1: 12 x 11
  • Bedroom 2: 12 x 11
  • Living Room: 16 x 15
  • Kitchen: 12 x 10
  • Laundry Room: 8X7

Lot Features

  • Lot Size (Acres): 0.852
  • Lot Size (Sq. Ft.): 37,113
  • Lot Size Source: County Records
  • Lot Dimensions: 160 x 232

Financial Considerations

  • Expenses: Insurance, Management, Maintenance/Repairs
  • Tax Amount: $4,983
  • Tax Year: 2014
  • Terms: Cash, Conventional
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Ownership: Private
  • Special Conditions: Other
  • Legal Description: LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION
  • Inclusions: Building & Land
  • Disclosures/Reports: Agent Owned, Flood Plain No, Sellers Discl. Avail
  • APN: 08-6.0-13-4-54-001.000

Listed by Elwood Real Estate LLC

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Schools

Schools serving 400 South McArthur

School District:Salem R-80 School District
School Name
Grades
Distance
William Lynch Elementary School
101 N Main St, Salem, MO 65560
PK-1
0.3 mi
Salem Upper Elementary School
1601 S Doss Rd, Salem, MO 65560
2-5
0.9 mi
Salem Middle School
1400 Tiger Pride Dr, Salem, MO 65560
6-8
0.7 mi
Salem Sr. High School
1400 Tiger Pride Dr, Salem, MO 65560
9-12
0.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 400 South McArthur Get Price Alerts

Date
Details
Price
Change
Source
8/29/2017
Listed
$650,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 400 South McArthur

Listed by Elwood Real Estate LLC

400 South McArthur, Salem, MO 65560 (MLS# 17064302) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 400 South McArthur is currently listed for $650,000 and was received on August 29, 2017. Want to learn more about 400 South McArthur? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.