2009 East Grand Street, Springfield, MO 65804 (MLS# 60225347)

2009 East Grand Street, Springfield, MO 65804

$875,000

Property Type: MultiFamily Lot Size (sq. ft.): 25,265 Status: Closed

Current Price: $875,000 List Date: 8/11/2022 Last Modified: 9/19/2022

Overview

Description

Rebuilt in 2020, East Grand Crossing Apartments is a well-maintained 10-unit apartment complex located within walking distance of MSU in the heart of Springfield, Mo. Of the 10 units, 2 are 2-bedroom units, 6 are 1-bedroom units and 2 are studio apartments. Since the major renovation in 2020, each unit features stainless steel appliances, in-unit washer and dryers, laminate hardwood floors and fresh interior paint. Other unit amenities include an eat-in kitchen, refrigerator, dishwasher, disposal, microwave, oven range, storage space, ceiling fans, tub/shower and walk-in-closets. Private parking is available for all of the units. Walking distance to MSU and restaurants, the location is unbeatable. Take this opportunity to own a fantastic investment property in an ideal Springfield location.

Listing Details MLS# 60225347

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2022-08-11
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 2009
Street Direction: East
Street Name/Route: Grand
Suffix: Street
County: Greene
State/Province: MO
Zip Code: 65804
Subdivision: Palo Verde Place
Parcel ID: 881220316004
Real Estate Tax: 4860.66
Tax Year: 2021
Legal Description: PALO VERDE PLACE LOTS 1 & 2
Zoning: Apartments

General Property Description

SqFt Finsh'd & Unfnsh'd: 4600 - 4799
Aprx Year Built: 2020
Total Monthly Rent: 7235
Number of Units: 10
# Efficiency Units: 2
# One Bedroom Units: 6
# Two Bedroom Units: 2
Aprx Lot Size (Acres): 0.58
Lot Dimensions: Acres
Elementary School: SGF-Bingham
Middle School: SGF-Hickory Hills
High School: SGF-Glendale
Waterfront/View: None
Lake/River: None
# Three Bedroom Units: 0

Remarks Misc

Directions: N on Glenstone from Bennett, E on Grand

Status Change Info

Under Contract Date: 2022-08-11
Sold Date: 2022-09-16
Price Disclosed: Yes

Efficiency

Efficiency $: Over $200

More Information

One Bed Units

One Bed $: Over $350

Two Bed Units

Two Bed $: Over $450

Closing Info

Appraiser Name: The Valuation Group
Lender Name: Sullivan Bank

Location, Tax and Other Information

Inside City Limits: Yes

How to Show

Call Listing Agent: Yes

Unit Features

All Units: Yes
Washer/Dryer Hookup: Yes

Construction

Vinyl Siding: Yes

Utilities

City: Yes
Electricity: Yes
High Speed Internet Access: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Cooling

Ceiling Fans: Yes
Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Baths

1 Per Unit: Yes

Heating

Central: Yes
Forced Air: Yes

Parking

One Per Unit: Yes
Paved Area: Yes

Roofing Material

Composition: Yes

Possession

At Closing: Yes
Subject to Tenant Rt: Yes

Will Sell

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Buildings

One Building: Yes
One Story: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes
Public: Yes

Flood Insurance

Not Required: Yes

Documents Available

Disclosure: Yes

Type of Tenancy

Lease: Yes
Other: 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; Washer/Dryer Hookup Baths: 1 Per Unit Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Cooling: Ceiling Fans; Central Heating: Central; Forced Air Buildings: One Building; One Story Construction: Vinyl Siding Roofing Material: Composition Parking: One Per Unit; Paved Area Streets: Asphalt Water: City Water Sewer: City Sewer; Public Utilities: Electricity; High Speed Internet Access; Sewer; Trash; Water Flood Insurance: Not Required Documents Available: Disclosure Type of Tenancy: Lease; Other Yearly Net Oper Inc: Over $25,000 Possession: At Closing; Subject to Tenant Rt Will Sell: 1031 Exchange; Cash; Conventional Deposits: Deposit Required

Listing Office: Murney Associates - Primrose

Last Updated: September - 19 - 2022

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