1021-1039 South Lexington, Springfield, MO 65802
$3,380,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
167,706
Status:
Closed
Current Price:
$3,380,000
List Date:
9/22/2021
Last Modified:
12/20/2021
Description
Multi-family Portfolio: 20 duplexes (40Units) all in the same neighborhood and 1-triplex several blocks to the north. Solid rental history, majority of current rents below market. Well managed and maintained. Central air and heat. 2-B/R & 1-bath. Some units have new windows installed. Each unit has adequate parking. Just east of N. Kansas Expressway and new Jordan Valley Clinic; South of downtown and MSU.Financials Available for Qualified Buyers. Initial walk thru upon accepted Contract to be completed within 4-days after Effective Date of Contract. Termination contingency allowed for unacceptable walk-thru during the 4-days. See documents for additional information.
More Information MLS# 60201586
Contract Information
Transaction Type: Sale
Foreclosure/Short Sale: No
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2021-09-22
List Price: $3,380,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Building #: 21
Inside City Limits: Yes
General Property Description
Total Room Count Above Grade: 43
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 500
# Two Bedroom Units: 43
Waterfront/View: None
View: Yes
Lake/River: None
Aprx Year Built: 1978
Number of Units: 43
Aprx Lot Size (Acres): 3.85
Lot Dimensions: Acres
Elementary School: SGF-Portland
Middle School: SGF-Jarrett
High School: SGF-Parkview
Status Change Info
Price Disclosed: No
Status: Closed
Under Contract Date: 2021-10-06
Sold Date: 2021-12-20
How to Show
Call Listing Agent: 1
Views
City: 1
Unit Features
Carpet: 1
Washer/Dryer Hookup: 1
Construction
Brick: 1
Vinyl Siding: 1
Two Bed Units
Two Bed $: Over $450
Utilities
Electricity: 1
Gas: 1
Separate Meters: 1
Sewer: 1
Tenant Pays: 1
Cooling
Ceiling Fans: 1
Appliances
Dishwasher: 1
Disposal: 1
Oven/Range: 1
Refrigerator: 1
Baths
1 Per Unit: 1
Heating
Central: 1
Roofing Material
Composition: 1
Will Sell
Conventional: 1
Buildings
Four or More Buildings: 1
One Story: 1
Streets
Asphalt: 1
Concrete: 1
Water
City Water: 1
Sewer
City Sewer: 1
Type of Tenancy
Lease: 1
Other: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 1021-1039
Street Direction: South
Street Name/Route: Lexington
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: N/A
Parcel ID: 1327102015
Cross Street: Grand
Real Estate Tax: 16179
Tax Year: 2020
Zoning: R-SF & R-HD
Remarks Misc
Directions: Duplexes: Between S. Campbell and S. Kansas Expressway;turn west off E Grand.
Triplex: East Grand then turn south on S. Broadway
Property Features
How to Show: Call Listing Agent
Unit Features: Carpet; Washer/Dryer Hookup
Baths: 1 Per Unit
Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator
Cooling: Ceiling Fans
Heating: Central
Buildings: Four or More Buildings; One Story
Construction: Brick; Vinyl Siding
Roofing Material: Composition
Streets: Asphalt; Concrete
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Gas; Separate Meters; Sewer; Tenant Pays
Type of Tenancy: Lease; Other
Yearly Net Oper Inc: Over $25,000
Will Sell: Conventional
Listing Office:
Reece Commercial
Last Updated: December - 20 - 2021
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