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    41 Northridge Drive #1-11, Marshfield, MO 65706

    --beds
    1baths
    8,120sqft
    Duplex
    Built in 1960
    -- sqft lot
    $556,700 Zestimate®
    $--/sqft
    $-- Estimated rent

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    What's special

    RARE INVESTOR SPECIAL!! Are you looking to expand your portfolio with this turn-key secure investment? Here it is, with 100% occupancy! This Multi-Family property is a top performer, at an actual 8.19% CAP RATE, with room to grow income via additional rent stabilization/raising and updating further units. The stabilized CAP RATE of this property is projected to be 10.86%.This property is made up of 3 buildings with 11 total units and has room to grow! Some features about these 11 units include:- 3.84 +- Acres- 11 Total Units (Units #8 & #11 have been completely renovated with brand new bathrooms, updated kitchens and all new surfaces; other units have received regular updates/maintenance)- 3 Buildings (brick, stone, or vinyl siding)- 8,120 +- Rentable Sq Ft between all units- Very close to Highway I-44 (Only 15 minutes to Springfield!)- Window unit air in all units- Baseboard heating in all units- Individually metered for utilities (tenant pays part)- Community washer & dryer ''laundry house'' is on-site (coin operated and revenue generating)- A new Well was recently installed, which services all units for water- And more!This would be perfect for someone looking to efficiently upgrade the quantity of their portfolio.. 11 units, all in one swoop! Don't miss out on this cozy multi-family property tucked away nicely in Marshfield! **Annual Pro-Forma Rental Income is $82,500; see documents section of the MLS Listing for all financial info**

    Zillow last checked: 7 hours ago

    Listing updated: March 14, 2025 at 01:06pm

    Listed by:

    Mike Bowman 417-865-6500,

    Murney Associates - Primrose

    Bought with:

    Kathy Thompson, 2005030267

    Springfield Branson Realty

    Source: SOMOMLS,MLS#: 60279554MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), Ceiling Fan(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Apply To Some, Utility Room, Storage
    Interior area
    • Total interior livable area: 8,120 sqft

    Property

    Parking
    • Parking features: 1 per Unit
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Has view: Yes
    • View description: Mountain(s), Year Round, Panoramic
    Lot
    • Size: 3.84 Acres
    Details
    • Additional structures: Three Buildings
    • Parcel number: 127026003001002000
    • Zoning: N/A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Frame, Vinyl Siding, Stone
    • Roof: Composition
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Electricity Available, Separate Meters, Water Available, Trash, Sewer Available

    Community & neighborhood

    Location
    • Region: Marshfield
    • Subdivision: N/A

    HOA & financial

    Other financial information
    • Total actual rent: 6875

    Other

    Other facts
    • Listing terms: Cash,1031 Exchange,Conventional