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.
Off market
Zestimate®
$657,900
1225 E Cherry St, Springfield, MO 65802
--beds
0baths
2,361sqft
MultiFamily
Built in 2013
-- sqft lot
$657,900 Zestimate®
$279/sqft
$1,413 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None, Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Other
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,361 sqft
Property
Features
- Exterior features: Stone, Vinyl
Lot
- Size: 10,454 sqft
Details
- Parcel number: 881219208018
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 2013
Utilities & green energy
- Sewer: City Sewer
- Utilities for property: Separate Meters, City, Water, Trash, Sewer, High Speed Internet Access, Electricity
Community & neighborhood
Location
- Region: Springfield
Other
Other facts
- Cooling: Central, Ceiling Fans, Zoned
- Flood Insurance: Not Required
- Heating: Forced Air, Central, Zoned (2+ Units)
- Roofing Material: Composition
- Buildings: One Building, Two Stories
- Utilities: Separate Meters, City, Water, Trash, Sewer, High Speed Internet Access, Electricity
- Property Sub-Type: Duplex/Triplex/Fourplex
- Sewer: City Sewer
- Unit Features: Washer/Dryer Hookup
- Construction: Vinyl Siding, Stone
- Type of Tenancy: Lease
- Parking: Garage, Two or More, Paved Area, Street
- Water: City Water
- Miscellaneous: Fire Walls, Smoke Detector, Security Guard
- Occupant Type: Tenant