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2959 Us Highway 60 N, 
Billings, MO 65610

$199,900


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Zachary Albers

Albers Real Estate Group

417-413-4305

Last updated:

October 11, 2026, 03:13 PM

MLS#

60332459

Source:

MO GSBOR

About This Home

2959 Us Highway 60 N

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.

Home Facts

Multi-Family

Built in 1960

Subdivision & Development:

Highway Acres

Price Summary

199,900

MLS #:

60332459

Last Updated:

October 11, 2026, 03:13 PM

Added:

1 month(s) ago


Structure

Structure

Year Built:

1960


Lot

Lot Size (Sq. Ft):

74,052


Finances & Disclosures

Finances

Price:

$199,900

Source:MO GSBOR
Copyright 2026 Southern Missouri MLS. All rights reserved. Listings courtesy of Southern Missouri MLS as distributed by MLS GRID

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.