Springfield MO Multi Family for Sale
$1,999,000
Address not provided Springfield, MO 65806
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- 60283814
- Subdivision:
- N/a
ADDITIONAL INFORMATION
Well cared for multifamily investment opportunity, walking distance from both Missouri State University and Downtown Springfield. Property features 32 leasable units (8 four-bedroom apartments, rent-by-the-bed concept). 1:1 parking ratio, with gated, securely fenced off-street parking, a rare and valuable amenity for the area. Owners have updated interior of units, which feature shared kitchen, living room, balconies and in-unit washer/dryers. This investment makes a great addition to a real estate portfolio. With a stable rental history and property management in place, this can be a turnkey hands-off investment for its new owner.Property Description:● Multifamily-Student Housing● 4 Stories● 8 units total (4 bed/4 bath, 1410 sf each)● 32 Beds total. Rent by the bed concept● 11,280 sf rentable (12,356 sf Internal)● Built: 2010● Zoned CC● Secure/gated parking: 34-35 spaces (1:1 ratio)● $450-500/mo per bed or $1800-2000/mo per unitHighlights:● Gated private parking● Video Security, Secure Access● By the Bed concept● Renovated 2019-21 with premium finishes interior/exterior● Leed construction● All utilities Included● Good Rental History
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1921
- Baths:
- 1.00
- MLS#:
- 60280156
- Subdivision:
- Townsend
ADDITIONAL INFORMATION
Bungalow-style duplex, just minutes from Downtown Springfield and Missouri State University, offering two turn-key units, each with 2 bedrooms and 1 bathroom. Recently remodeled, the main level features spacious living and dining areas, along with fully updated kitchens. Upstairs in each unit, you'll find both bedrooms and the bathroom. The unfinished basements includes laundry hook-ups and provides additional storage, storm safety, or the potential to create a second living area. Convenient rear parking and an enclosed back porch offer easy access to each unit. 1411 currently rents for $700/month, and 1409 for $750/month, generating a total monthly income of $1,450. Don't miss out on this prime investment! Property selling AS-IS, seller will not make repairs.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 60279635
- Subdivision:
- Mccluers Mm
ADDITIONAL INFORMATION
Calling all buyers and investors! Don't miss out on this newly renovated duplex, conveniently located in Springfield. Both units have had extensive updates. This is the perfect opportunity to acquire a property with tenants already in place, ensuring immediate income potential! Property Details:1. 826 W Elm Street is bottom unit - 1216 Sq Ft with $1150 a month in rent.2. 824 W Elm Street is top unit - 432 sq ft with $675 a month in rent. This is the Child listing. Parent Listing is MLS 60279633.Grab this opportunity to expand your portfolio today!DO NOT DISTURB TENANTS
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 60279633
- Subdivision:
- Mccluers Mm
ADDITIONAL INFORMATION
Calling all buyers and investors! Don't miss this market-friendly package of 3 units, all conveniently located in Springfield. All 3 units have had extensive updates. This is the perfect opportunity to acquire multiple properties all at once with tenants already in place, ensuring immediate income potential! Location of all 3 properties:1. 826 W Elm Street is bottom unit - 1216 Sq Ft with $1150 a month in rent.2. 824 W Elm Street is top unit - 432 sq ft with $675 a month in rent. 3. 619 N Nettleton Ave is a single family home - 800 sq ft with $900 a month in rent. This is the parent listing encompassing all 3 units. Grab this opportunity to expand your portfolio today!DO NOT DISTURB TENANTS
Springfield Real Estate
The median home value in Springfield, MO is $217,200. This is higher than the county median home value of $217,100. The national median home value is $338,100. The average price of homes sold in Springfield, MO is $217,200. Approximately 40.57% of Springfield homes are owned, compared to 53.93% rented, while 5.5% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!
Springfield, Missouri 65806 has a population of 168,603. Springfield 65806 is less family-centric than the surrounding county with 26.88% of the households containing married families with children. The county average for households married with children is 29.15%.
The median household income in Springfield, Missouri 65806 is $39,991. The median household income for the surrounding county is $50,682 compared to the national median of $69,021. The median age of people living in Springfield 65806 is 33.2 years.
Springfield Weather
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 45.1 inches per year, with 13.6 inches of snow per year.