BEDS0
BATHS
SQUARE FEET1,344
MLS#26036207
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHilltop Add
SCHOOLSalem R-80
Property Description
VALUE-ADD INVESTMENT OPPORTUNITY IN SALEM! Attention investors, landlords, and rehabbers! This value-add property offers strong income-producing potential and multiple exit strategies. Currently configured as a 3-bedroom, 1 & 1/2-bath home, the layout presents the opportunity for a duplex conversion or multi-unit rental with separate front and rear entrances for each side.Located on a quiet street within the Salem R-80 School District, this property is ideal for investors seeking a fix-and-flip, BRRRR strategy, long-term rental, house hack, or cash-flowing addition to an existing portfolio. With solid square footage and a functional layout, this property is ready for renovation and repositioning.The detached shed/garage provides additional storage space for tenants, equipment, tools, or workshop use, adding further value to the property.Property Highlights: Value-add investment Potential duplex or multi-family income opportunity Separate entrances for each side Rental income potential Fix-and-flip opportunity BRRRR investment candidate Cash-flow potential Detached shed/garage In-town location near amenities Quiet residential streetBring your contractor and vision, properties with this much upside and investment potential don't come along often. Sold as-is.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Forced Air
Lot Size: 0.22 Acres
Taxes: $334
Year Built: 1955
Feature Descriptions
Days on Site: 1
Parcel#: 09-4.0-18-4-12-002.000
Water: Public
Local Schools
High School: Salem Sr. High
Middle School: Salem Jr. High
Elementary School: Wm. H. Lynch Elem.
School District: Salem R-80
Listed By / Shown By
Listed By
Agency Name: Acar Real Estate, Inc
Shown By
Agent Name: Green and Bank Group
Agent Phone:
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 415.27 per month $367.75 Principal & Interest $27.83 Property Tax $19.69 Homeowner's InsuranceChange Payment Information
Green and Bank Group
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1008 E Mondy Street | MLS# 26036207
This multi-family property located at 1008 E Mondy Street , Salem, MO 65560 is currently listed for sale with an asking price of $67,500. E Mondy Street is located within the Salem R-80 school district. Search Salem real estate on greenbank.redkeystlouis.com today.