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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
Located in the picturesque heart of Warrensburg, this unique property offers an exceptional investment opportunity, including two distinct properties: the renowned Gelbach Manor Bed & Breakfast and a well-maintained adjacent rental home. Positioned just steps from the University of Central Missouri and a short walk from the vibrant downtown area, famous for its lively bars, restaurants, and shops, this location is prime. Gelbach Manor, situated at 300 S. Holden St., operates as a bed and breakfast or short-term rental and stands as the crown jewel of this collection. It uniquely offers 7 bedrooms, 7 bathrooms, and 3 kitchens, where historic elegance meets modern convenience, providing supreme comfort for guests. A standout feature is the large outdoor pool that serves as a luxurious retreat. For a prospective owner interested in residing on the property, Gelbach Manor is ideally structured with separate living quarters, allowing you to enjoy a private residence while managing the bed and breakfast. The property currently generates approximately $55,000 in gross annual rents, with potential for growth, especially since it is currently owner-occupied. The sale also includes the adjacent property: 106 Ming St.: A charming college rental, featuring 4 bedrooms and 1.5 bathrooms, currently renting for $1,125 per month with potential to rise to $1,350 per month. This is a unique opportunity to live in the beautiful Gelbach Manor while benefiting from the income potential of both the bed and breakfast and the rental property, all in a location that combines historical allure with modern amenities and robust income possibilities.
This listing courtesy of:
Real Broker, LLC, Eva Norton
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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45.49% of housing units are renter occupied.
11.73% are vacant.
The median travel time to work is 19 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.