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The Otto Group - Julie & Suzanne Otto

julie@theottogrp.com +1(314) 816-6885

$ 399,000

Est. payment | -/mo

3,049 Sqft Lot

Save

$ 399,000

Est. payment | -/mo

Save

3,049 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26023559

Year Built 1883

Annual Tax Amount $1,173

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Renovated and income-producing, this well-maintained property in Hermann offers a fantastic investment opportunity. Featuring two long-term rental units, this property is already generating steady income with both units occupied under one-year leases. The lower unit has been beautifully updated and offers 4 spacious bedrooms and 3 full bathrooms, combining modern finishes with comfortable living space. The upper unit features 3 bedrooms and 2 bathrooms, providing a bright and inviting layout that tenants love. Situated in a desirable residential area, the property is conveniently located near local parks and schools, making it attractive for long-term renters. Enjoy the benefits of a walkable neighborhood in one of Missouri's most popular and charming towns. Whether you're expanding your portfolio or looking for a turnkey investment, this property offers immediate income and strong rental appeal in a sought-after location.

Location

State MO

County Gasconade

Area 420 - Hermann R-1G

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Laminate, Luxury Vinyl

Fireplace N

Appliance Dishwasher, Free-Standing Electric Oven, Free-Standing Gas Oven, Gas Oven, Range, Refrigerator

Laundry Inside, Multiple Locations, In Unit

Exterior

Fence None

View Y/N No

Building

Water Public

Structure Type Frame,Vinyl Siding

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Dana Poe • Trophy Properties & Auction

Nearby Locations

GET MORE INFORMATION

The Otto Group - Julie & Suzanne Otto

Broker-Owner | Salesperson | Lic# 2017029928 | 1999057194

julie@theottogrp.com

+1(314) 816-6885

336 Greenbriar Ln, Ballwin, MO, 63011

600 Washington ST Hermann, MO 65041

The Otto Group - Julie & Suzanne Otto

Key Details

Location

Interior

Exterior

Building

Others

600 Washington ST