MO > Rockaway Beach
Rockaway Beach, MO 65740,2896 State Highway 176
Rockaway Beach, MO 65740,2896 State Highway 176
Rockaway Beach, MO 65740,2896 State Highway 176
Rockaway Beach, MO 65740,2896 State Highway 176
Rockaway Beach, MO 65740,2896 State Highway 176
Rockaway Beach, MO 65740,2896 State Highway 176
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White Magnolia Real Estate

White Magnolia Real Estate

+1(417) 544-0411
$ 496,000
Est. payment | /mo

8 Baths

0.5 Acres Lot

Save
$ 496,000
Est. payment | /mo
Save

8 Baths

0.5 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SOM60295529

Full Baths 8

Year Built 1935

Annual Tax Amount $2,013

Tax Year 2024

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 104.2X123.3

Source somo

Property Description

YEAR END OPPORTUNITY! Priced to sell soon and rental income is one the RISE$--Make Laketown Cottages your next investment! Owners may pull it off market if not under contract before year end to do some more updating while improving rental income. If so would likely bring back on market sometime in 2026 at a higher price. **Sellers have been increasing monthly income since month to month units were below average $$. That said, they are on target for $70k+ for 2025 and projecting $80k+ for 2026** This income producing complex is right across from the lake with 7 cottages originally from the 1930-1940s. (4-1bd/1bt, 1-2bd/1bt, 1-3bd/1bt & 1-3bd/2bt) Two units (1-3bdrm & a 1bdrm) have been renovated and updated. One of those is just above the pool for Nightly Rentals selling furnished turnkey. The other 3bdrm is on a short lease with people who help maintain the property. The other five are active month to month or longer rentals. (See the pictures of Units #1 & #13 and get feel for the possibilities of the other five.) Rockaway Beach continues to update its historic properties and is growing as a vacation or residence destination. The resort property to the left is also renovating their cabins. Be a part of the next chapter and enjoy hosting people on this peaceful property next to Lake Taneycomo. Besides great lake views, across the street is a fishing area and boat launch. Rockaway Beach is just about a 15 minute drive to Branson and less than 30 minutes on the high road to Silver Dollar City. Buyers and buyer agents to do own due diligence on all measurements and information. This property is being sold as commercial as/is. Thanks for looking and God Bless

Location

State MO

County Taney

Area 4335

Direction From the north, take 176 off 160 and go thru Merriam Woods. After the Dollar General store, turn right on Hwy 176 and follow it to downtown Rockaway Beach. When you come down the hill to the lake, there are white cottages on your left and Laketown Cottages is the right side with the pool. Unit 1 is beside the pool on the left and Unit 13 is just above the pool.

Interior

Fireplace No

Exterior

Waterfront Description View

View Y/N Yes

View Lake

Listed by Kevin Kueck KINGDOM REALTY
White Magnolia Real Estate
White Magnolia Real Estate

Brokerage | License ID: 2021010353

+1(417) 544-0411 | admin@whitemagnoliahomes.com

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2896 State Highway 176