3315 South Delaware Avenue
Springfield, MO 65804
- 26 beds
- 15.5 baths
- 10,979 sqft
- ~2 acre lot
- $141 per sqft
- 1976 build
- – on site
If you're looking to invest in a turn-key, well-maintained, and managed portfolio this is the one for you! This portfolio comprises of 7 single-family homes and 2 patio homes. The assets reside in East Springfield, South Springfield, and in the heart of Ozark, MO. This opportunity has incredibly strong historical occupancy and is currently 100% occupied with quality tenants and a waiting list. The portfolio Unit Mix is Seven 3BR/2BA, One - 3BR/1BA, One -2BR/1BA. All properties have 2-car garages with the exception of one, 1-car garage. Median SF across all 9 properties = 1,231 sf.There are also numerous ways to add value and increase rates by more than 25% per unit. The current annual rental income for this portfolio is $117,720. All properties are well maintained and have had renovations as recently as 2023. Showings will be available once an offer is accepted. PLEASE DO NOT DISTURB the tenants. Please contact the listing agent for the rent roll and additional information.The properties are near great restaurants and shopping options. They are also within a few miles of hospitals, including Mercy and Cox. The majority are located in premier school districts of Kickapoo, Glendale, and Ozark. This turnkey opportunity allows an investor to be as hands-on or hands-off as desired.
Listing courtesy of SOMO / Estes Stancer Commercial Group
Last checked:
Checking…
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Last updated Jun 5, 2024
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MLS# 60269020 —
The Building
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Year Built:1976
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Architecture:1 Story
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Build to Suit:No
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Patio and Porch Features:Deck, Patio
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Windows:Blinds, Double Pane Windows
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Furnished:No
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Stories:1
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SqFt - Unfinished Level 1:10979.00
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Total SqFt:10979
Interior
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Interior Amenities:W/D Hookup
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Flooring:Laminate
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Dining:Dining Room
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Fireplace:No
Room Dimensions
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SqFt - Finished Upper:10979.00
Financial & Terms
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Flood Insurance:Not Required
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RE Tax Provided ByAssessor Records
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Price Per SqFt:141.18
Location
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Directions:At Glenstone and Battlefield, West on Battlefield, Left on Delaware (across from mall) to home.
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Latitude:37.153494
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Longitude:-93.266844
The Property
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Property Type:A
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Property Subtype:Multiple Residences
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Lot Type:Curbs
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Approx Lot Size in Acres:2.2000
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Lake/River:None
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Exterior Extras:Rain Gutters
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Shop Building Features: Shop Building:No
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Inside City Limits:Yes
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List Price Per Acre:18.00
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Sold Price Per Acre:18.00
Listing Agent
- Contact info:
- Agent phone:
- (417) 872-6076
Taxes
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Tax Year:2023
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Taxes:$1,313.39
Beds
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Total Bedrooms:26
Baths
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Total Baths:16.00
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Full Baths:15
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Half Baths:1
The Listing
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Foreclosure/Short Sale:No
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Commission Buyer Agency:3.00
Heating & Cooling
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Cooling:Ceiling Fans, Central
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Cooling Source:Electric
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Heating:Forced Air
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Heating Source:Natural Gas
Utilities
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Sewer:Public Sewer
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Water:City Water
Appliances
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Appliances:Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator
Schools
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Middle School:SGF-Pershing
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Elementary School:SGF-Cowden
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High School:SGF-Kickapoo
The Community
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Waterfront/ViewNone
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Docks/Slips:No
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Association/Subdivision:Southvale Terr
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Association Info: Home Owners/Condo Owners Association:None
Parking
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Garage/Parking:Driveway, Paved
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Garage Stalls:18.00
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Carport Spaces:18.00
Monthly cost estimate
Asking price
$1,550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,299
|
Taxes | $109 |
Insurance | $426 |
Utilities | N/A |
Total | $8,834/mo.* |
*This is an estimate |
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 |
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6/5/24
Jun 5, 2024
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Price Changed | SOMO | $1,550,000 | -3.1% |
5/23/24
May 23, 2024
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Listed / Active | SOMO | $1,600,000 |