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About This Home

This 3-bedroom, 1-bathroom single family at 2959 Us Highway 60 N in Billings, MO is listed for $219,900 ($151 per sqft). Built in 1960, the home offers 1,456 sqft of living space on a 1.70 acres lot.

Agent Description

Investor Opportunity on US Highway 60 -- Multi-Stream Income PropertyRare income-producing parcel on 1.7 acres in Billings, MO with three separate revenue streams under one deed. Includes a 1,456 sq ft 3-bedroom, 1-bath home (built 1960), a detached 2-car garage/shop, and 10 RV/camper pads -- 4 of which are currently rented and producing income today.The 10 lots have their own dedicated septic system.

Electric and water are shared from the main home. The house septic was replaced 2-3 years ago -- a major capital item already off the list.The home itself is a full rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor.

Estimated rehab budget runs $55K-$75K.Post-rehab and full stabilization (all 10 pads + garage rented), this property pencils to a 15%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Room exists on the lot to add additional pads (verify zoning and septic capacity).Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or rehab/portfolio financing required -- not a conventional loan property.Full investor pro forma available on request.

Key Features

  • Built in 1960
  • 1.70 acre lot

Property Details

1 story
1 full
1960

Amenities

A/C

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

2959 Us Highway 60 N

Billings, MO 65610

Highway Acres

Property Details

Heating

Central

Cooling

Window Unit(s)Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 2959 Us Highway 60 N is listed at $219,900 ($151/sqft). The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 1.70 acre lot.

This property is listed by Zachary Albers and can be reached at 4178942016 or zac@albersrealestategroup.com.

ZA

Zachary Albers

Agent at Albers Real Estate Group

(417) 894-2016

Listed by Albers Real Estate Group · View on Broker Site

MLS# 60322433· Source: listhub· Updated 31 days ago

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2959 Us Highway 60 N, Billings, MO 65610

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