
Land with Home for Sale in Billings, Missouri
2959 US Highway 60 N, Billings, MO 65610
Investor Opportunity on US Highway 60 -- Multi-Stream Income PropertyRare 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 and producing income today.The 10 lots have their own dedicated septic system. Electric and water are shared from the main home. The house septic was replaced 2-3 years ago -- a major capital item already off the list.The home itself is a full rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor. Estimated rehab budget runs $55K-$75K.Post-rehab and full stabilization (all 10 pads + garage rented), this property pencils to a 15%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Room exists on the lot to add additional pads (verify zoning and septic capacity).Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or rehab/portfolio financing required -- not a conventional loan property.Full investor pro forma available on request.
Location
- Street address
- 2959 US Highway 60 N
- County
- Christian County
- Community
- Highway Acres
- Elevation
- 1,361 feet
Directions
From Republic: Head west on US Highway 60 approximately 6 miles. Property is on the north side of US-60 in Billings.
Property details
- Acreage
- 1.7 acres
- MLS #
- GSBOR 60322433
- Posted
Property taxes
- 2024
- $920
Parcels
- 070735001003002000
Legal description
LOT 2 HIGHWAY ACRES
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- None
Exterior
- Structures
- Outbuilding
Structure
- Stories
- 1
- Water
- Private
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air, Window Unit(s)
Interior
- Rooms
- Bathroom, Bedroom x 3
Nearby schools
| Name | Type |
|---|---|
| Billings | Elementary |
| Billings | Middle |
| Billings | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 1, 2026 | New listing | $219,900 | — | GSBOR |
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