2959 Us Highway 60 N, Billings, MO 65610
Local realty services provided by:Better Homes and Gardens Real Estate Southwest Group
Listed by: zachary albers
Office: albers real estate group
MLS#:60322433
Source:MO_GSBOR
2959 Us Highway 60 N,Billings, MO 65610
$199,900
- 3 Beds
- 1 Baths
- 1,456 sq. ft.
- Single family
- Active
Price summary
- Price:$199,900
- Price per sq. ft.:$137.29
About this home
Rare 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 at $250-$300/mo, producing $1,150/mo in current income. Active rental demand from prospects waiting on vacancies.Christian County has confirmed the property is compliant under current regulations (10-pad cap). Property sits outside both Billings and Republic city limits -- no additional municipal restrictions.The 10 lots have their own dedicated septic system. House and pads share water; electric runs on 3 separate meters (house, garage/shop, pad cluster). The house septic was replaced 2-3 years ago.The home is a complete rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor. Estimated rehab budget $55K-$75K.Post-rehab and full stabilization, the property pencils to a 16%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or commercial financing required.Full investor pro forma available on request....
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Home facts
- Year built:1960
- Subdivision & Development:Highway Acres
- Listing ID #:60322433
- Added:150 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,456 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1960
- Building area:1,456 sq. ft.
- Lot area:1.7 Acres
Schools
- High school:Billings
- Middle school:Billings
- Elementary school:Billings
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$137.29
- Tax amount:$920 (2024)
Parking
- Garage:Yes
- Garage spaces:2
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