2420 E Blaine Street Springfield, MO 65803

1.22 acres

$1,500,000

MLS#60261517
Active

THIS PROPERTY IS CASH-FLOWING AND AT/NEAR 100% OCCUPANCY!!! What a fantastic turn-key property. Apartments are in HIGH demand right now! Don't miss this opportunity to upgrade your investment portfolio! This whole 13 unit apartment building has been FULLY RENOVATED from the studs up and construction was just recently finished!! This apartment building is ready for you to purchase, located at 2420 E Blaine St, Springfield, MO 65803. Some attributes of this property include: - 5x Two Bedroom/One Bathroom Units - 4x One Bedroom/One Bathroom Units - 4x Three Bedroom/Two Bathroom Units - Laminate Vinyl Plank Flooring - Double Pane Vinyl Windows - Oversized Designated Parking Area - Laminate Kitchen Counters - Oven, Dishwasher, and Refrigerator provided - Utility Closet - Some Units Coin Operated W&D, Some in Unit - Smoke Detector & Sprinklers - Spacious Layout - Recently Remodeled Neighboring Properties - Located Near Essential Businesses - Common Areas Available - Fully Fenced Pet Park On-Site (Wooden Privacy Fenced) Don't miss this opportunity to obtain a NEWLY RENOVATED multi-family property in the thriving Greater Springfield Missouri Area. Don't wait to buy real-estate... buy real-estate and wait!

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Association/HOA

Amenities: Central Laundry: Yes

School Information

Elementary School: SGF-Weller
Middle Or Junior School: SGF-Pipkin
High School: SGF-Central

Income/Expenses

Yearly Net Oper Income: Over 25000: Yes

Listing Information

Foreclosure/Short Sale: No
Transaction Type: Sale
Will Sell: Cash: Yes
Will Sell: Conventional: Yes

Building Information

Buildings One Story: Yes
Year Built: 1952

Location/Region

County Or Parish: Greene
Subdivision Name: Webster Park

Rent/Lease Information

Lease Monthly: 12350.0
Type of Tenancy: Lease: true
Total Monthly Rent: 12350.0

Tax Information

Inside City Limits: Yes
Tax Annual Amount: $13,756.33

General Information

Parcel Number: 88-12-08-410-066
Property Sub Type: Apartment
Property Type: Residential Income
Zoning: Apartments

Parking Information

Garage: No

Beds/Baths

Bathrooms Total: 0

General Information

Appliances: Washer,Refrigerator,Dishwasher,Dryer
Miscellaneous: Fire Alarm: Yes
Miscellaneous: Smoke Detector: Yes
Miscellaneous: Sprinklers: Yes

Unit Information

# One Bedroom Units: 4.0
# Three Bedroom Units: 4.0
# Two Bedroom Units: 5.0
Unit Features: Utility Room: Yes

Parking Information

Parking Features: Paved Area
Parking: Paved Area: Yes

Lot Information

Lot Size Acres: 1.22
Lot Size Area: 1.22
Lot Size Square Feet: 53143.2
Lot Size Units: Acres
Water Source: City Water

Waterfront/View

General Property Description: Lake/River: None
View: City
Water Body Name: None
Waterfront View: None
Waterfront: No

General Information

Number Of Units Total: 13
Sewer: City Sewer
Streets: Asphalt: Yes
Utilities: City: Yes
Utilities: Electricity: Yes
Utilities: Separate Meters: Yes

Springfield

Springfield, MO offers Ozark beauty, museums, and family fun in southwest MO.

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Life at 2420 E Blaine Street

Schools

School data courtesy of LiveBy, Inc. Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.