1021-1039 South Lexington, Springfield, MO 65802 (MLS# 60201586)


$3,380,000
1021-1039 South Lexington
Springfield, MO 65802
MLS# 60201586
Status: Closed



Lexington & Kansas Duplexes
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Lexington & Kansas Duplexes Broadway Street Tri-plex Lex & Kan Neighborhood Broadway Aerial

Property Description
Multi-family Portfolio: 20 duplexes (40Units) all in the same neighborhood and 1-triplex several blocks to the north. Solid rental history, majority of current rents below market. Well managed and maintained. Central air and heat. 2-B/R & 1-bath. Some units have new windows installed. Each unit has adequate parking. Just east of N. Kansas Expressway and new Jordan Valley Clinic; South of downtown and MSU.Financials Available for Qualified Buyers. Initial walk thru upon accepted Contract to be completed within 4-days after Effective Date of Contract. Termination contingency allowed for unacceptable walk-thru during the 4-days. See documents for additional information.

Details
Maps
Contract Information
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2021-09-22
Transaction Type: Sale
List Price: $3,380,000
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1978
Total Monthly Rent: 500
Number of Units: 43
# Two Bedroom Units: 43
Total Room Count Above Grade: 43
Aprx Lot Size (Acres): 3.85
Lot Dimensions: Acres
Elementary School: SGF-Portland
Middle School: SGF-Jarrett
High School: SGF-Parkview
Waterfront/View: None
Lake/River: None
Status Change Info
Status: Closed
Under Contract Date: 2021-10-06
Sold Date: 2021-12-20
Price Disclosed: No
Two Bed Units
Two Bed $: Over $450
Location Tax and Other Information
Street #: 1021-1039
Street Direction: South
Street Name/Route: Lexington
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: N/A
Parcel ID: 1327102015
Cross Street: Grand
Real Estate Tax: 16179
Tax Year: 2020
Zoning: R-SF & R-HD
Remarks Misc
Directions: Duplexes: Between S. Campbell and S. Kansas Expressway;turn west off E Grand. Triplex: East Grand then turn south on S. Broadway
Property Features
How to Show: Call Listing Agent
Unit Features: Carpet; Washer/Dryer Hookup
Baths: 1 Per Unit
Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator
Cooling: Ceiling Fans
Heating: Central
Buildings: Four or More Buildings; One Story
Construction: Brick; Vinyl Siding
Roofing Material: Composition
Streets: Asphalt; Concrete
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Gas; Separate Meters; Sewer; Tenant Pays
Type of Tenancy: Lease; Other
Yearly Net Oper Inc: Over $25,000
Will Sell: Conventional

IDX
Listing Office: Reece Commercial

Last Updated: December - 20 - 2021

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