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409 & 411 South Davis Steet Residential Single Family Detached $499,000 — Listed by Mac Lee, United Country Graham Agency, LLC

Updated on Jun 21, 2024

Due to the owners easing into retirement THE MORNING STAR INN AND COTTAGE... $499,000

Address 409 & 411 South Davis Steet
Hamilton, MO 64644
TypePurchase
Price$499,000
Bedrooms9
Bathrooms6
Living Area3,867 square feet
StatusActive
Listing Agent
(816) 284-5128
Office
801 Washington St.
Chillicothe, MO 64601
(660) 646-7653
Located in HAMILTON, MO
Due to the owners easing into retirement, THE MORNING STAR INN AND COTTAGE IS FOR SALE. This is a well-established, turn-key nightly rental business located in the heart of Hamilton, MO. With the ability to comfortably sleep 28 guest, this is a business opportunity that should not be overlooked. There is so much going on with this listing, we'll just take it one step at a time. THE MORNING STAR INN - The owner took an existing 4-plex conventional apartment building and converted it to "motel-style" nightly rental units. Three of the units feature an open living room with 2 beds, an additional bedroom with 2 more beds, a bathroom, dual vanity sinks and a microwave. The 4th unit features a full kitchen, an open living area with 2 beds, an additional bedroom with 2 beds, and a bathroom. THE COTTAGE - Conveniently located right next to The Morning Star Inn, the Cottage is a home that has been renovated to a nightly rental that can accommodate larger groups. The main level features a fully functional kitchen, an open living/dining room (complete with a large quilting table), 3 bedrooms, a\ laundry room, and bathroom. Each bedroom is uniquely decorated and has 2 beds. The upstairs has an open layout with two more beds and additional sitting space. THE CARRIAGE HOUSE - A 24x24 detached garage has been converted into an open sleeping area with 4 beds, bathroom, and large laundry room. This building serves the dual purpose of additional rental beds when needed or a separate laundry facility capable of washing larger loads of bedding. THE TOWN - Hamilton, MO has a population of approximately 1800 and has certainly seen numerous changes in the past decade. The Missouri Star Quilt Company was founded in Hamilton in 2008. Since then, it has grown into a $20,000,000 a year business and owns numerous shops and businesses in downtown area. These businesses and shops have become a tourist attraction and bring as many as 8,000 quilters/tourist to Hamilton in a month. This phenomenon has affectionately earned Hamilton the nickname of Quilt Town USA. The Moring Star Inn and Cottage has an incredible location being right off the main drag of town and only a few blocks from downtown Hamilton. All the units are fully furnished, renter ready, great return, and the business is completely turn-key with future bookings already in place.

    Taxes

  • Year: 2022
  • $2,004
  • Rooms

  • Bedroom: 9
  • Full bath: 6
  • General

  • Property type: Residential
  • Property sub type: Single Family Detached
  • Living area: 3867
  • Lot size: 0.54
  • Year built: 1964
  • Listing date: 2023-07-05
  • Listing title: House (Detached) - Hamilton, MO
  • Full bathrooms: 6
  • Architecture style: Other
  • Is new construction: no
  • Num floors: 2.0
  • Roof types: Unknown
  • Year updated: 1964
  • Listing Details

  • Mls name: My State MLS
  • MLS Identifier: NYSMLS
  • MLS Number: 11188594
  • Provider name: United Country Graham Agency, LLC
  • Provider Category: Broker
  • Property Type: Residential
  • Property sub type: Single Family Detached
  • Listing Category: Purchase
  • Office Key: NYSMLS-1667
  • Office ID: 16673
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

 

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