1944 East Kerr Street Apt A-C, Springfield, MO 65803 (MLS# 60062023)

1944 East Kerr Street Apt A-C, Springfield, MO 65803

$950,000

Property Type: MultiFamily Lot Size (sq. ft.): 123,710 Status: Closed

Current Price: $950,000 List Date: 9/06/2016 Last Modified: 12/17/2019

Overview

Description

Great 24 UNIT/ 3 bldg multi unit investment property in good location. Room for additional units on included vacant land {1.4 acres m/l). Contract with MO Housing Dev Comm for low income housing is effective till 12/31/2021. Property in good condition with recent updates. Strong rental demand and low vacancy rate.

Listing Details MLS# 60062023

Contract Information

Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2016-09-06
Transaction Type: Sale
Lease Monthly: 10800
Sub Lease: No
Parent/Child: None
Historical District: No
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 1944
Street Direction: East
Street Name/Route: Kerr
Suffix: Street
Unit #: Apt A-C
County: Greene
State/Province: MO
Zip Code: 65803
Subdivision: N/A
Parcel ID: 881205218024
Cross Street: N Glenstone
Real Estate Tax: 6225.11
Tax Year: 2015
Legal Description: Mid American Sub- Lots 1 and 2
Zoning: MF

General Property Description

SqFt-Aprx: 20976
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1992
Total Monthly Rent: 10080
Number of Units: 24
# Two Bedroom Units: 24
Total Room Count Above Grade: 24
Aprx Lot Size (Acres): 2.84
Lot Dimensions: Acres
Elementary School: SGF-Fremont
Middle School: SGF-Pleasant View
High School: SGF-Hillcrest
Waterfront/View: None
Lake/River: None
View: Yes

Remarks Misc

Directions: I-44 and Glenstone...... South on Glenstone to Stewart, left (East)Stewart to Kerr, south to property on Right (behind Cracker Barrel Rest)

Status Change Info

Under Contract Date: 2017-07-29
Sold Date: 2018-01-31
Price Disclosed: Yes

Two Bed Units

Two Bed $: $351 - $450
Two Bed SqFt: 751 - 1,000 SqFt

More Information

Location, Tax and Other Information

Inside City Limits: Yes
RE Tax Provided By: Assessor Records

How to Show

Call Listing Agent: Yes

Views

City: Yes

Unit Features

All Units: Yes
Carpet: Yes
Patio/Balcony: Yes

Amenities

Central Laundry: Yes

Construction

Brick: Yes
Vinyl Siding: Yes

Utilities

City: Yes
Tenant Pays: Yes

Cooling

Central: Yes

Appliances

Disposal: Yes
Oven/Range: Yes
Refrigerator: Yes

Baths

1 Per Unit: Yes
2 Per Unit: Yes

Heating

Central: Yes
Forced Air: Yes

Miscellaneous

Resident Manager: Yes
Smoke Detector: Yes

Parking

Two or More: Yes

Roofing Material

Composition: Yes

Possession

At Closing: Yes
Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

Three Buildings: Yes
Two Stories: Yes

Streets

Asphalt: Yes
Curbs: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Not Required: Yes

Documents Available

Disclosure: Yes

Type of Tenancy

Lease: Yes

Yearly Net Oper Inc

Over $25,000: Yes

Deposits

Deposit Required: Yes

Property Features

How to Show: Call Listing Agent Unit Features: All Units; Carpet; Patio/Balcony Amenities: Central Laundry Baths: 1 Per Unit; 2 Per Unit Appliances: Disposal; Oven/Range; Refrigerator Cooling: Central Heating: Central; Forced Air Buildings: Three Buildings; Two Stories Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Two or More Streets: Asphalt; Curbs Miscellaneous: Resident Manager; Smoke Detector Water: City Water Sewer: City Sewer Utilities: Tenant Pays Flood Insurance: Not Required Documents Available: Disclosure Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: At Closing; Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required

Listing Office: Re/Max Solutions

Last Updated: December - 17 - 2019

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