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$ 394,900
Est. payment /mo
New
19065 E Highway 32 Stockton, MO 65785
4.8 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cedar-Not In List
MLS Listing ID SOM60292553
Originating Board somo
Year Built 1987
Annual Tax Amount $2,642
Tax Year 2024
Lot Size 4.800 Acres
Acres 4.8
Property Sub-Type Duplex
Property Description
Prime Investment Opportunity Minutes from Crab Tree Cove!Unlock the potential of this versatile, income-generating property located less than two miles from lake access at Crab Tree Cove. Spanning nearly 5 acres, this multi-unit setup is ideal for investors seeking strong rental income, commercial possibilities, or future development.Included on the property:A 2 bed, 1 bath single-family home (~1,000 sq ft) with an attached garage--currently vacant and ready for updates to boost rental value.A fully remodeled (2021) duplex totaling just under 1,800 sq ft, each unit offering 2 beds and 1 bath. Both units have a proven rental history.A massive 6,000 sq ft commercial-grade shop with a 20' rear awning and an unfinished 2 bed, 1 bath apartment inside--perfect for additional income or business use.A detached ~450 sq ft garage/shop with RV hookup for added flexibility.Multiple storm shelters all four addresses: 19083, 19085, 19065, and 19061.This property is already income-producing: both duplex units and one bay of the shop are currently tenant-occupied. The remaining units offer room for renovation and rental growth. All structures have been rented in the past, offering a solid track record for investors.Whether you continue operating as a multi-stream rental, expand commercial uses, the flexibility here is unmatched. With its proximity to the lake and strong rental potential, this is an investment you don't want to miss.
Location
State MO
County Cedar
Zoning Residential
Direction From the four way stop in the city of Stockton the property is approximately 5 miles east on HWY 32 located on the north side of the road.
Interior
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Exterior
Garage Spaces 1.0
Waterfront Description None
Building
Sewer Septic System
Water Private
Schools
Elementary Schools Stockton
Middle Schools Stockton
High Schools Stockton
Listed by Randall D Landwehr United Country Farm & Home Sales