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289 S Adams AVE Lebanon, MO 65536
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,245 sqft
Price per Sqft $133
MLS Listing ID 25014454
Sold Date 07/08/25
Year Built 1950
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100X150
Property Sub-Type 2-4 Units
Property Description
Four incomes, one property!
Unique opportunity to own a versatile income-generating property! 152 E Pierce is an updated single family residence boasting 3 bedrooms and 2 bathrooms, attached garage and basement. 289 S Adams Ave is a 2 story duplex. The bottom floor is a 2 bedroom 1 bath with large bonus rooms and beautiful original features. The top floor is a 1 bedroom 1 bath, and is currently rented . In the back of the property is a 1092 square foot shop building and it is currently rented as well. In today's market, properties yielding double digit capitalization rates are increasingly rare. This opportunity won't last long-act now to secure this exceptional investment.
Location
State MO
County Laclede
Area 826 - Lebanon City Limits
Interior
Heating Varies by Unit, Electric, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Electric Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
Elementary Schools Lebanon Riii
Middle Schools Lebanon Middle School
High Schools Lebanon Sr. High
School District Lebanon R-Iii
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Default Zmember