Property Attributes
- MLS#60266401
- TypePending
- CountyGREENE
- CitySpringfield
- NeighborhoodOzark Land Co
- Zip65803
- StyleDuplex/Triplex/Fourplex
- Year Built1973
- Taxes$ 1513
- Price$ 232,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3136
- Lot Size0.46 Acres
Data Source:
Southern Missouri Regional MLS (SOMO)
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY to build your portfolio with this property including 2 separate duplexes with a total of 4 units. One duplex is 1,384 sq ft (two 1 BR 1 BA units each 692 sq ft). The other duplex is 1,752 sq ft (two 2 BR 1 BA units each 876 sq ft). Three of the units are on a lease through February 2025. The 4th unit (which is 1 BR 1 BA) will be vacant at closing. Rent income at the time of closing is $2,035 for the 3 occupied units. New owner could live in the fourth unit or rent it out for additional income. Another huge perk is that the property has been approved to add a 3rd duplex on the property for even more cash flow potential. Each unit has its own laundry area, baseboard heat, and window AC units which were new in 2018/2019. Utilities are metered separately and tenants' responsibility. Please do not disturb tenants. Only preapproved buyers. This is a great location close to colleges, C-Street shopping, restaurants, and entertainment. Instant cash flow on this income producing property with potential to grow even more. Whether you're looking to purchase and live in one unit while collecting rent in the others - or just looking for a great ROI for a 1031 or building your investment portfolio - this unique property is has so much to offer including a rare 8-10% cap rate! SHOWN BY APPT ONLY - DO NOT DISTURB TENANTS
Elementary School | Middle School | High School |
---|---|---|
SGF-Robberson Elementary School | SGF-Reed Middle School | SGF-Hillcrest High School |
Price History | |
---|---|
4/20/2024 | Listed $232,000 |
General Features
Sewer | City Sewer |
---|---|
Construction | Vinyl Siding |
Heating | Base Board |
Cooling | Ceiling Fans,Window Unit(s) |
Utilities | Electricity,Separate Meters,Sewer,Tenant Pays,Water |
Possession | At Closing |
Appliances | Oven/Range |
Water | City Water |
Zoning | INC |
Status | Pending |
Year Built | 1973 |
Subdivision | Ozark Land Co |
Type | Duplex/Triplex/Fourplex |
Property Type | B |
Transaction Type | Sale |
Tax Year | 2023 |
Inside City Limits | Yes |
Will Sell | 1031 Exchange,Cash,Conventional,FHA,See Remarks,VA |
Middle School | SGF-Reed |
Legal Description | OZARK LAND CO 2ND ADD S1/2 LOT 82 & LOT 83 (EX E 50 FT S 29 FT) |
High School | SGF-Hillcrest |
Elementary School | SGF-Robberson |
Foreclosure/Short Sale | No |
Interior Features
Unit Features | Carpet,Washer/Dryer Hookup |
---|---|
Total Number of Units | 4 |
# One Bedroom Units | 2.00 |
# Two Bedroom Units | 2.00 |
Baths: Each Unit | 1 |
Exterior Features
Buildings | Two Buildings |
---|---|
Lot Dimensions | 100X164 |
Roofing Material | Composition |
Waterfront/View | None |
Lake/River | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool