728 E Walnut Street
Springfield, MO 65806
- – beds
- 1 bath
- – sqft
- ~1/2 acre lot
- 1967 build
- – on site
More homes
Premier Investment Opportunity! 17-Unit Apartment Complex Adjacent to Missouri State University Campus Welcome to an incredible real estate investment opportunity that combines location, income potential, and value appreciation in one package! This 17-unit apartment complex, nestled right next to the prestigious Missouri State University Campus, offers an outstanding chance to capitalize on the growing demand for student housing.- Unbeatable Location: Location is everything, and this property boasts an unbeatable one! Situated adjacent to the Missouri State University Campus, students will love the convenience of walking to classes, making this a prime choice for them.- Income Potential: Maximize your return on investment with the convenience of onsite laundry facilities. Not only does this make life easier for your tenants, but it also provides an additional income stream, increasing your overall revenue.- Ample Parking: Forget about the parking hassles that often come with city living. This complex offers onsite paved parking, providing tenants with a secure and hassle-free parking experience.- Recent Exterior Renovations: Aesthetics matter, and this property has undergone recent exterior renovations, ensuring that it stands out and maintains its appeal. The modern and fresh appearance will attract tenants seeking a contemporary living space.- Rent Increase Potential: With its prime location and recent renovations, you have the opportunity to quickly raise unit rents. Take advantage of the strong demand for convenient, well-maintained housing in this area and watch your income grow.Investors, this is your chance to secure a prime piece of real estate in a location that is consistently in demand. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising opportunity, this 17-unit apartment complex has the potential to deliver impressive returns.
Last checked:
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Last updated Oct 23, 2024
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MLS# 60255869 —
The Building
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Year Built:1967
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Construction Materials:Brick, Vinyl Siding
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Roof:Composition
Location
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Directions:From Glenstone Ave head north toward E Monroe St. Turn left onto E Walnut St.
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Cross Street:Kimbrough
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Latitude:37.20631
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Longitude:-93.284252
The Property
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Parcel Number:881324108009
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Property Type:Residential Income
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Property Sub Type:Apartment Building
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Lot Size Acres:0.52
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Zoning:multi-family
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View:City
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Waterfront View:None
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Other Structures:One
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (417) 812-1384
- Office phone:
- (417) 883-6666
Taxes
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Tax Year:2021
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Tax Annual Amount:5250.01
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Tax Legal Description:SHEPPARD ADD, H W 14 FT LOT 5 & ALL LOT 4
Baths
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Bathrooms Total:1
The Listing
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Flood Insurance:Not Required
Heating & Cooling
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Heating:Boiler
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Cooling:Window Unit(s)
Utilities
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Utilities:Community, Electricity, Gas, High Speed Internet, Master Metered, Sewer Available, Water Available
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Sewer:City Sewer
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Water Source:City
Appliances
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Appliances:Range/Oven, Refrigerator
Schools
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Elementary School:SGF-Rountree
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Middle Or Junior School:SGF-Jarrett
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High School:SGF-Parkview
The Community
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Subdivision Name:N/A
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Association Amenities:Common Laundry
Parking
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Attached Garage:false
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Parking Features:Paved Area, On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/16/24
Apr 16, 2024
|
Sold | SOMO | $1,450,000 |
