Fayette MO Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Baths:
- MLS#:
- 423516
- Subdivision:
- Fayette
ADDITIONAL INFORMATION
Get three rental units for the price of one! This spacious triplex is an excellent choice for anyone looking to start or expand their investment portfolio. Live in one unit while generating income from the other two apartments, or rent out all three for maximum returns. When fully rented, this triplex brings in $3,310 in gross monthly income, with utilities covered by the landlord. Two apartments are rented by the room and the studio as a stand-alone unit. This home is minutes from CMU. Major updates have been recently completed, including a new boiler in 2022 and a new water heater in 2023, giving you peace of mind on big-ticket items. With endless investment opportunities and a well maintained setup, this property is being sold as-is. Two of the apartments have tenants so you are walking into income. Don't miss out on the chance to make this versatile triplex part of your portfolio! This property is realtor owned.
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Fayette Real Estate
The median home value in Fayette, MO is $170,700. This is higher than the county median home value of $161,600. The national median home value is $338,100. The average price of homes sold in Fayette, MO is $170,700. Approximately 48.25% of Fayette homes are owned, compared to 19.15% rented, while 32.59% are vacant. Fayette real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayette real estate agent to arrange a tour today!
Fayette, Missouri has a population of 2,709. Fayette is less family-centric than the surrounding county with 22.57% of the households containing married families with children. The county average for households married with children is 25.46%.
The median household income in Fayette, Missouri is $46,484. The median household income for the surrounding county is $58,596 compared to the national median of $69,021. The median age of people living in Fayette is 24.9 years.
Fayette Weather
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 42.9 inches per year, with 15.1 inches of snow per year.