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Springfield, MO 65806

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For Sale

$1,999,000

0.51 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.5 acres
    Lot size

  • 11-20 Years Old
    Age

Explore this Property

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
MLS# 60283814

Courtesy Of Murney Associates, LLC

(417) 823-2300

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Central Furnace
  • Lot Size
    0.51 Acres

Area Map

Home seller CENTURY 21 Performance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Performance Realty

(417) 742-7653
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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