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Franklin Apartment Building 404 S Franklin St 7 Unit Apartment Building $866,510 CAD ($123,787 CAD/Unit) Kirksville, MO 63501

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Investment Highlights

Great location!
Many recent improvements!

Excellent rental history!

Executive Summary

LOCATION, LOCATION, LOCATION! This iconic brick apartment building is just 2 blocks from TSU, ATSU & Downtown Kirksville! Property includes 7 units with excellent rental history and tons of improvements in the last few years! Units include 1 bedroom and 2 bedroom units. Coin-operated laundry is in the building and there is plenty of off-street parking. The 3rd floor in entirely occupied by a 2 bedroom, 2 bath unit that is being leased as an AirBnB with near constant booking, plenty of space for guests to enjoy and incredible views of the campus and downtown area. This is a great opportunity to start your investment or a great addition to an investors portfolio. Call RE/MAX Home Team for full lease info and to schedule any showings. 660-665-8100. Visit VickiBenson.net for more!

404 Franklin Updated MLS Sheet

Property Facts

Price	$866,510 CAD	Building Class	C
Price Per Unit	$123,787 CAD	Lot Size	0.16 AC
Sale Type	Investment	Building Size	4,182 SF
No. Units	7	No. Stories	2
Property Type	Multifamily	Year Built	1941
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$866,510 CAD
Price Per Unit	$123,787 CAD
Sale Type	Investment
No. Units	7
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.16 AC
Building Size	4,182 SF
No. Stories	2
Year Built	1941
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.