Come see one of Fayette's most beautifully constructed two-story buildings. This turnkey and fully occupied all brick building is located on the main square in Fayette, MO. Offering an exceptional opportunity for investors or owner-operators. Built in 1900 and thoughtfully restored in recent years, this asset known to its current owner as "Fayette Square" combines historic character with modern functionality. The property features two spacious ground-floor commercial spaces with direct street-front access, large display windows with ornate glasswork, and impressive high ceilings accented by detailed crown molding. Above each commercial unit are two generously sized residential apartments, each exceeding 1,600 square feet, both having very high ceilings throughout. One apartment offers 3 bedrooms and 2 full bathrooms, including walk-in showers and a large jacuzzi tub. The second apartment includes 2 bedrooms and 2 full bathrooms with shower/tub combinations. This solid, well-maintained building is ready for immediate use and presents a strong income-producing asset with very little owner-paid expense in a prime downtown location.
If you've been looking for a great investment opportunity, this recently remodeled duplex is one you won't want to miss. Renovated from the studs out, this property offers modern updates throughout while providing immediate rental income. The duplex features one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Both units are currently rented, making this a turnkey investment for your portfolio. Additional features include off-street parking in the rear and the convenience of in-unit laundry for both tenants. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this well-maintained duplex is ready to generate returns from day one.
**Turnkey Investment Opportunity!** Start generating income from day one with this well-maintained triplex featuring three 1-bedroom, 1-bath units. Each unit is individually metered, allowing tenants to pay their own utilities, helping maximize your return on investment and minimize owner expenses. The property also offers ample off-street parking, an attractive amenity for tenants. Whether you're a seasoned investor looking to add to your portfolio or a first-time investor searching for a low-maintenance income property, this triplex is an outstanding opportunity. Don't miss your chance to own a cash-flowing investment with strong rental appeal!
Fayette is located in Missouri. Fayette, Missouri has a population of 2,709. Fayette is less family-centric than the surrounding county with 22.57% of the households containing married families with children. The county average for households married with children is 25.46%.
The median household income in Fayette, Missouri is $46,484. The median household income for the surrounding county is $58,596 compared to the national median of $69,021. The median age of people living in Fayette is 24.9 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 42.9 inches per year, with 15.1 inches of snow per year.
