Listing courtesy of Real Broker, LLC
Property Description
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.
Property Details and Features
- Appliances & Equipment
- Description: “Cooktop”, “Dishwasher”, “Disposal”, “Double Oven”, “Dryer”, “Exhaust Hood”, “Humidifier”, “Microwave”, “Refrigerator”, “Built-In Oven”, “Gas Range”, “Stainless Steel Appliance(s)”, “Trash Compactor”, “Washer”, “Water Purifier”, “Water Softener”
- Additional Equipment: “Fireplace Equip”, “Fireplace Screen”
- Basement
- Description: “Concrete”, “Unfinished”
- Bathrooms
- Full Bathrooms: 9
- Half Bathrooms: 2
- Bedrooms
- Total Bedrooms: 11
- Building
- Finished Area Above Grade: 8963
- Area: 8963
- Architecture: “Victorian”
- Construction Materials: “Stone & Frame”, “Stucco & Frame”
- Year Built: 2004
- Cooling
- Details: “Electric”, “Window Unit(s)”
- Exterior Features
- Features: “Dormer”, “Firepit”, “Hot Tub”, “Outdoor Kitchen”
- Patio Features: “Deck”, “Covered Deck”, “Patio”, “Covered Patio”, “Porch”
- Fence
- Description: “Partial”
- Fireplaces
- Total Fireplaces: 4
- Floors
- Flooring: “Carpet”, “Tile”, “Wood”
- Garage
- Garage Spaces: 4
- Heating
- Heating: “Natural Gas”, “Heatpump/Gas”
- Home Owner’s Association
- Fee: 0
- Dues Frequency: None
- Laundry
- Description: “Multiple Locations”
- Listing
- Status: Active
- Location
- Area: 220 – Johnson County, Mo
- County: Johnson, MO
- Subdivision: Other
- Lot
- Features: “City Lot”, “Corner Lot”
- Size: 1
- Pool
- Features: “Inground”
- Roof
- Description: “Composition”
- Sewer
- Sewer: “City/Public”
- Utilities
- Water Source: “Public”
