Springfield, MO 65806,Address not disclosed
Springfield, MO 65806,Address not disclosed
Springfield, MO 65806,Address not disclosed
Springfield, MO 65806,Address not disclosed
Springfield, MO 65806,Address not disclosed
Springfield, MO 65806,Address not disclosed
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$ 1,999,000
Est. payment | /mo

0.51 Acres Lot


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$ 1,999,000
Est. payment | /mo
Save

0.51 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

MLS Listing ID SOM60283814

Originating Board somo

Year Built 2010

Annual Tax Amount $18,400

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Description

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

Location

State MO

County Greene

Zoning CC

Direction From Sunshine St and Hwy 65 in Springfield, head West on Sunshine St, North on National Ave and West on Walnut St. The property is on the South side of the road.

Interior

Heating Central

Cooling Central Air

Fireplace No

Heat Source Central

Exterior

Waterfront Description None

Building

Sewer Public Sewer

Water City

Schools

Elementary Schools Sgf-Rountree

Middle Schools Sgf-Jarrett

High Schools Sgf-Parkview

Listed by Matt M Miller Murney Associates - Primrose
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+1(417) 848-6410

sellyourhome@nikicarterrealty.com

3745 S Fremont Ave, Springfield, MO, 65804, USA

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