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About This Home

This 0-bedroom, 3-bathroom residential multi family at 703 N Carolina Street in Louisiana, MO is listed for $159,900. Built in 1860, on a 0.21 acres lot.

Agent Description

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history - putting money in your pocket from day one.

A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request. What makes this property especially attractive to investors is the incredibly low expense structure.

Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit - this is a well-managed, stable investment. The property itself is a true standout.

This beautiful historic two-story home offers 3,046 square feet - one of the largest properties in the market - with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants.

Each unit includes a stove and refrigerator. Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability. Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request - call today!

Key Features

  • Built in 1860
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
3 full
1860

Amenities

A/C

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

703 N Carolina Street

Louisiana, MO 63353

Property Details

Construction

Brick Vinyl Siding

Parking

On Street

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Exhaust FanRefrigeratorGas Range

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 703 N Carolina Street is listed at $159,900. The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1860, 0.21 acre lot, 2 stories.

This property is listed by Rachel Moses and can be reached at 8163016531 or rachelgracemoses@gmail.com.

RM

Rachel Moses

Agent at Juncture

(816) 301-6531

Listed by Juncture · View on Broker Site

MLS# 2614841· Source: listhub· Updated 46 days ago

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703 N Carolina Street, Louisiana, MO 63353

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