Fantastic opportunity to add to your investment portfolio or live in one side and rent the other. 3 bed 1 bath on each side currently leased at $1175/side, $2,350 total. Completely updated. New Roof, HVAC, Water heater, Remodeled kitchens & bathrooms, new flooring, appliances, Paint & Fixtures.
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**
3 Duplexes nestled together in a quiet side of Marshfield. Tenants have all been vetted and pay rent on time 4- 2 bed 1 bath and 2 -1 bed 1 bath. Tenants pay electric/water. Owner pays trash and lawn maintenance. A Great piece of real estate to start or add to your portfolio. Owner/Agent
Motivated Seller!!! Bring us your offer! Great Investment opportunity! So much potential and room to grow! Seller also has another 4plex and would do a package on other properties listed as well! This has an extra large lot with park right behind it.
GREAT INVESTMENT OPPORTUNITY! These 5 units are occupied and producing income. Could possibly add more units or finish out upstairs of duplex to increase cash flow..(2) 2BR/1BA single homes; (1) 1BR/1BA single home; and a duplex that has (2) 1BR/1BA apartments. Property addresses are 241 E. Jefferson, 243 E. Jefferson, 215-217 North Street duplex, 240 St. Charles..Duplex, 243 E. Jefferson and St. Charles have been redone inside and are nice. New metal roof on duplex (2010). New sewer lines to 241 E. Jefferson and 240 St. Charles (2013). All units are located on 1 block making it very easy to manage. All units must sell together..Property management is in place and can seamlessly change to new owner if desired.
Marshfield is located in Missouri. Marshfield, Missouri has a population of 7,391. Marshfield is more family-centric than the surrounding county with 36% of the households containing married families with children. The county average for households married with children is 32.37%.
The median household income in Marshfield, Missouri is $57,254. The median household income for the surrounding county is $59,325 compared to the national median of $69,021. The median age of people living in Marshfield is 32.6 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 20.5 degrees. The average rainfall is approximately 44.4 inches per year, with 12.2 inches of snow per year.
