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1018-1020 N WADE ST, Mexico, MO 65265

$200,000

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List Price: $200,000
Status: ACTIVE
Days on Market: 20
MLS#: 437898
Subtype: Residential Income
Subdivision: Mexico
Neighborhood: Other County
MLS Area Major: Other County

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Property Description

Fantastic opportunity to expand your investment portfolioi! This low maintenance income-producing duplex offers two units, each featuring a private garage, basement, laundry hookups, and private deck overlooking a tree-lined backyard. Brick and vinyl exterior, architectural shingles, individually metered electric service, and all-electric heating and cooling add to the appeal. Both units include kitchen appliances and individual water heaters, while Unit 1020 features separate walkout access and a new refrigerator installed in 2026. Currently generating $1,770 monthly. Must be purchased with duplex next door, 627-629 Hendricks Drive, offering four rental units with a combined annualized gross rental income of $43,140 for the package offered at at total of $400,000.

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Additional Information

Taxes: $1,968
Appliances: All Units, Microwave, Refrigerator, Electric Range, Oven
Heating: Electric
Air Conditioning: Central Air, Electric
Roof: Architectural Shingle
Parking Features: Parking Garage, Paved Area, On Street
School District: Mexico
Elementary School: Eugene Field
Middle School: Mexico
High School: Mexico