595 Chestnut ST Active Save Request In-Person Tour Request Virtual Tour
Lebanon,MO 65536
Key Details
Property Type Single Family Home
Sub Type Package Single Family Homes
Listing Status Active
Purchase Type For Sale
Subdivision Laclede-Not In List
MLS Listing ID SOM60290993
Originating Board somo
Year Built 1965
Annual Tax Amount $860
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 200x50
Property Sub-Type Package Single Family Homes
Property Description
Incredible Investment Opportunity - 4 Homes, One Lot, Endless PotentialDon't miss this rare chance to own four individual single-family homes all situated on one oversized corner lot in the heart of Lebanon. Each home features 2 bedrooms and 1 bathroom, making them ideal for rental income, short-term leasing, or a multi-generational living setup. The convenience of having all units on a single parcel simplifies management, maintenance, and long-term investment planning.Two homes are already tenant-occupied, offering immediate income, while the other two are ready for renovation--with many key materials already purchased and included in the sale. This is the perfect setup for investors looking to add value quickly and start generating cash flow. All four units boast brand new roofs, and the remodeled homes have updated electrical, drywall, plumbing, and more.With a list price of just $300,000, this package provides strong upside potential in a growing rental market. Whether you're a seasoned investor or just getting started, this is a smart buy that checks all the boxes: location, flexibility, and room to build equity.
Location
State MO
County Laclede
Zoning RS-2
Direction From Elm and Commercial take commercial to the northeast turn left on Lincoln ave houses on left.
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Heat Source Wall Furnace
Exterior
Waterfront Description None
Roof Type Composition
Building
Sewer Public Sewer
Water City
Structure Type Vinyl Siding
Schools
Elementary Schools Lebanon
Middle Schools Lebanon
High Schools Lebanon
Others
Acceptable Financing Cash,1031 Exchange,Conventional
Listing Terms Cash,1031 Exchange,Conventional