Ask D.W. Hindman
5 Cherry Street, Hale, Missouri
Description
Investment Opportunity – Price Reduced!!! This 7-unit apartment building, constructed with heavy steel beam, offers a total of 4,810 sq ft on a 0.86-acre lot. The units include studios, one-bedroom, & two-bedroom apartments, with current rents ranging from $300 to $590 per month. All units combined offer 9 bedrooms, 7 full bathrooms & 3 half baths. The property features on-site laundry (coin operated – additional income), 3 storage units (additional income opportunity), and a lobby area. There is still room to expand. Located in Hale, MO, this property is centrally positioned near Chillicothe, Carrollton, & Brookfield, making it attractive to tenants. The area is known for outdoor activities like hunting, fishing, mushroom hunting & general enjoyment of nature & small community living.
Additional Information
Interior
Exterior
Financial/HOA/Schools
Extra Information
Maps
Interested? Contact Us Today About This Listing
All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 30, 2025 at 12:00:00 PM UTC.
Listing information provided courtesy of the Northeast Central Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: July 30, 2025 at 12:00:00 PM UTC
Listed By: Cherrie Liebhart of Gaslight Real Estate - (660) 412-7294
