106 E LIBRARY ST, Huntsville, MO 65259

Property Description

Income-Producing 4-Plex in Huntsville, Missouri 106 East Library Street, Huntsville, MO Looking for an income-producing investment with established rental income and room to add value? This four-unit property in the quiet community of Huntsville, Missouri, offers an excellent opportunity for an investor looking to build or expand their rental portfolio. All four units feature 2 bedrooms, 1 bathroom, and approximately 965 square feet of living space. The two lower-level units currently rent for $850 per month, while the two upper-level units rent for $825 per month. The lower units also include a garage space located out back. Tenants are responsible for their own electric, while the property owner currently pays water, sewer, and trash. The City has indicated that the property can be placed on separate water meters for each unit, providing a potential opportunity for the future owner to reduce operating expenses by having tenants responsible for their individual water usage. Unit 2 has received updates including new carpet, fresh paint, and additional improvements. A particularly appealing feature for an investor is that Unit 1 will be vacant as of September 1, 2026. This provides an excellent opportunity for a new owner to complete any desired updates and get the unit ready for a new tenant. The current owners report receiving calls weekly from prospective tenants looking for vacancies, indicating continued rental demand in the area. Huntsville offers the charm of a quiet small town while being conveniently located close to Moberly, providing access to additional shopping, dining, employment, and services. With four 2-bedroom units, established rental income, potential for separate water metering, and an upcoming vacancy that allows an investor to add value, 106 East Library Street presents an excellent multifamily investment opportunity. Property Highlights Four-unit multifamily property All units are 2 bedrooms / 1 bathroom Approximately 965 square feet per unit Lower units rent for $850/month Upper units rent for $825/month Garage space for each lower unit Tenants pay electric Owner currently pays water, sewer, and trash Potential for separate water meters Unit 2 features updated carpet, fresh paint, and improvements Unit 1 expected to be vacant September 1, 2026 Opportunity to update and re-rent Unit 1 Strong reported rental demand Quiet Huntsville location close to Moberly Established income with potential for increased value Current Gross Monthly Rent: $3,350 Current Gross Annual Rent: $40,200 Buyer Due Diligence / Sold As-Is Property is being sold AS-IS. Buyer and buyer's agent are responsible for conducting their own due diligence and verifying all information, including but not limited to square footage, zoning, utilities, rental information, property condition, income and expenses, leases, and any potential improvements or modifications. Buyer should independently verify with the appropriate city, county, and utility authorities regarding separate water meters and any other intended use or improvements. Seller makes no representations or warranties regarding the condition or future performance of the property. Buyer is encouraged to complete all inspections and investigations deemed necessary prior to purchase.