$219,900

2959 Us Highway 60 N, Billings, MO 65610

  • 3 beds |
  • 1 bath |
  • 1,456 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon1.7acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $151/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Investor Opportunity on US Highway 60 -- Multi-Stream Income PropertyRare income-producing parcel on 1.7 acres in Billings, MO with three separate revenue streams under one deed. Includes a 1,456 sq ft 3-bedroom, 1-bath home (built 1960), a detached 2-car garage/shop, and 10 RV/camper pads -- 4 of which are currently rented and producing income today.The 10 lots have their own dedicated septic system. Electric and water are shared from the main home. The house septic was replaced 2-3 years ago -- a major capital item already off the list.The home itself is a full rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor. Estimated rehab budget runs $55K-$75K.Post-rehab and full stabilization (all 10 pads + garage rented), this property pencils to a 15%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Room exists on the lot to add additional pads (verify zoning and septic capacity).Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or rehab/portfolio financing required -- not a conventional loan property.Full investor pro forma available on request.

Listing Status:
Active
Data Last Updated:
May 11, 2026 at 5:22PM
Listing Office:
Albers Real Estate Group : (417) 413-4305
Listing Agent:
Zachary Albers : (417) 894-2016
MLS ID:
60322433
  • A/C: ElectricCentral AirWindow Unit(s)
  • Heating: CentralPropane
  • Other Structures: Outbuilding
  • General: One
  • Road/Access: Highway
  • Originating MLS: somo
  • County: Christian
  • Zoning: LOT 2 HIGHWAY ACRES070735001003002000
  • Water: Private
  • Sewer: Septic Tank
  • Source: somo

This listing courtesy of Zachary Albers , Albers Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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