5551 North Brown, Ozark, MO 65721 (MLS# 11208977)

5551 North Brown, Ozark, MO 65721

$924,600

Property Type: MultiFamily Lot Size (sq. ft.): 56,410 Status: Closed

Current Price: $924,600 List Date: 7/02/2012 Last Modified: 4/12/2021

Overview

Description

THESE UNITS ARE CONTINUOUSLY LEASED WITH DEPOSITS, OWNER MANAGED AND MAINTAINED! ______________

Excellent investment opportunity! Five large duplexes with 2 car garages sold as a package. Three are located on Brown street in Ozark and two on S. Timbercreek in Southwest SPringfield by Wilsons Creek James River Church. There are four 3 bedroom duplexes and one 2 bedroom duplex. No deferred maintenance! Owner has kept rents lower due to good long term occupancy but rent can be raised easily. Total rents now $6440.00 monthly. Al are on annual leases with deposits. These duplexes are owner managed and in great condition.

Listing Details MLS# 11208977

Contract Information

Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2012-07-01
Transaction Type: Sale
Lease Monthly: 6440
Parent/Child: Child
Parent MLS #: 11104663
Agreement Type: Exclusive Right To Sell
Sign on Property: Yes

Location Tax and Other Information

Street #: 5551
Street Direction: North
Street Name/Route: Brown
County: Christian
State/Province: MO
Zip Code: 65721
Subdivision: Willow Terr
Parcel ID: 110203001003003000
Cross Street: Hwy NN
Legal Description: Lot 15 Willow Terrace
Zoning: R-3/PAD

General Property Description

SqFt Finsh'd & Unfnsh'd: 1800 - 1999
Aprx Year Built: 2005
Total Monthly Rent: 6440
Number of Units: 10
# Two Bedroom Units: 2
# Three Bedroom Units: 8
Aprx Lot Size (Acres): 1.3
Lot Dimensions: Acres
Elementary School: OZ North
Middle School: Ozark
High School: Ozark

Remarks Misc

Directions: Go east on CC/J past Lambert's and through the light at Hwy NN, turn left on Bluestem, left on Black to Brown Lane.

Status Change Info

Under Contract Date: 2012-10-19
Sold Date: 2013-01-02

Two Bed Units

Two Bed $: Over $450
Two Bed SqFt: Over 1,000 SqFt

More Information

Three Bedroom Units

Three Bed $: Over $400
Three Bed SqFt: 1,001 - 1,500 SqFt

Location, Tax and Other Information

Inside City Limits: Yes

Unit Features

All Units: Yes
Carpet: Yes
Washer/Dryer Hookup: Yes

Construction

Brick: Yes
Vinyl Siding: Yes

Utilities

City: Yes
Electricity: Yes
Gas: Yes
High Speed Internet Access: Yes
Separate Meters: Yes
Sewer: Yes
Tenant Pays: Yes
Trash: Yes
Water: Yes

Cooling

Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven/Range: Yes
Refrigerator: Yes

Heating

Electric Ceiling: Yes
Forced Air: Yes

Miscellaneous

Smoke Detector: Yes

Parking

Two or More: Yes

Roofing Material

Composition: Yes

Possession

Subject to Tenant Rt: Yes

Will Sell

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Buildings

Four or More Buildings: Yes
One Story: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Not Required: Yes

Type of Tenancy

Lease: Yes

Deposits

Deposit Required: Yes

Property Features

Unit Features: All Units; Carpet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator Cooling: Central Heating: Electric Ceiling; Forced Air Buildings: Four or More Buildings; One Story Construction: Brick; Vinyl Siding Roofing Material: Composition Parking: Two or More Streets: Asphalt Miscellaneous: Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Gas; High Speed Internet Access; Separate Meters; Sewer; Tenant Pays; Trash; Water Flood Insurance: Not Required Type of Tenancy: Lease Possession: Subject to Tenant Rt Will Sell: 1031 Exchange; Cash; Conventional; FHA; VA Deposits: Deposit Required

Listing Office: Fry Properties

Last Updated: April - 12 - 2021

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