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1225 East Cherry Street

Springfield, MO 65802

$525,000

Square Foot Range 3000 - 3199
Property Subtype Duplex/Triplex/Fourplex
MLS# 60106261

Established by the bed student housing property 1/2 block from MSU. 4 Beds and 4 Full baths in each unit. 3 car garages for each unit and ample parking. Has been fully occupied with consistent NOI for 3 years. Leases by January for the next school year every year. Currently leased thru July 2019 for $565 per bed, all 8 beds. Built 2013. Immaculate condition, no deferred maintenance,low expenses. Hassle free property and professionally managed by AtHome. Stays full! Tenants love it with garages and 20ft tall ceilings, close to campus, restaurants, and Greek life. Students feel like home away from home here. Proven Multi-Family property with 3 years of actual financials to support.*Listing Realtor is spouse of managing member for seller LLC.

Property Details

City & State
Springfield, MO
Zip Code
65802
Property Status
Active
Buildings
One Building, Two Stories
Occupant Type
Lease
Subtype
Duplex/Triplex/Fourplex
Bank Owned/REO
No
New or Resale
Resale
Total Units
2
Inside City Limits
Yes
County
Greene
Subdivision
Rountree
Lot Size
0.24 Acres
Year Built
2013
Tax Year
2017
Taxes
$2,956
Financing or Will Sell
1031 Exchange, Cash, Conventional
Courtesy Of
ReeceNichols - Springfield IDX Logo

Units

Overview

Total Units
2
Heating
Central, Forced Air, Zoned (2+ Units)
Cooling
Ceiling Fans, Central, Zoned

Appliances

Dishwasher
Disposal
Dryer
Microwave
Oven/Range
Refrigerator
Washer

Features

Washer/Dryer Hookup

Miscellaneous

Fire Walls
Security Guard
Smoke Detector

Rental Information

Overview

Type of Tenancy
Lease
Yearly Net Op Income
$0

Exterior & Utilities

Overview

Parking
Garage, Paved Area, Street, Two or More
Construction
Stone, Vinyl Siding
Streets
Street
Roofing Material
Composition
Water & Sewer
City Water

Utilities

City
Electricity
High Speed Internet Access
Separate Meters
Sewer
Trash
Water

Directions

From National and Cherry. Take Cherry east. Property on the left.

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Schools

Elementary

SGF-Rountree

Middle

SGF-Jarrett

High

SGF-Central

Dawn Braham

417-880-2587

1615 E. Primrose St.
Springfield, MO 65804

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The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC , Inc. Real estate listings held by Brokerage firms other than Murney Associates, Realtors are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2018 Southern Missouri Regional MLS, LLC All rights reserved.
Last Updated: September 28, 2018 9:04 AM

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