73 Northwest 291st Road

Centerview MO 64019

1401 sq. ft.

12228 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Investor opportunity with immediate rental income and future upside! This tenant-occupied 3-bedroom, 2-bath all-electric ranch offers approximately 1,400 square feet of living space on a spacious 12,228 sq. ft. lot with a large fenced backyard. Built in 1997, the property is currently leased through February 2027 at $1,365 per month, providing established rental income from day one. The home does need a new roof, with a contractor estimate of approximately $10,000 available; this anticipated expense has already been considered in the asking price. Beyond the roof, the primary value-add opportunity is cosmetic, with new flooring and paint offering potential to increase rental appeal and income after the current lease expires. Preliminary estimates suggest potential future rent of approximately $1,450–$1,500 per month following updates, subject to market conditions and buyer verification. Offered at $174,900, this property provides investors an opportunity to purchase below recent comparable sales while acquiring an established rental with potential for long-term appreciation and future income growth. Please do not disturb the tenant. Showings by appointment with adequate notice.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1401 sq. ft. floor area

12228 sq. ft. lot size

Single-Family

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