About This Home

This 0-bedroom, 0-bathroom residential multi family at 2959 Us Highway 60 N in Billings, MO is listed for $199,900. Built in 1960, on a 1.70 acres lot.

Key Features

  • Built in 1960
  • 1.70 acre lot

Property Details

2-car garage
1960

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,069/mo

20% down · 6.5% · 30 years

Principal$145
Interest$866
Insurance$58

Estimates only. Actual payments may vary.

Location

2959 Us Highway 60 N

Billings, MO 65610

Highway Acres

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2959 Us Highway 60 N is listed at $199,900. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 1.70 acre lot.

This property is listed by Zachary Albers.

ZA

Zachary Albers

Agent at Albers Real Estate Group

Listed by Albers Real Estate Group · Broker phone: (417) 413-4305 · View on Broker Site · Broker website

MLS# 60332459· Source: Southern Missouri Regional MLS, LLC (SOMO)· 65 days on PropertySimple

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2959 Us Highway 60 N, Billings, MO 65610

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