• Branson House Realty
  • (417) 334-7653

Springfield Real Estate

$1,675,000 | N/A beds | N/A full baths | N/A half baths | 9,162 sqft

$1,675,000 Reduced -$125,000
311 South Hampton Avenue
Springfield, MO 65806
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 9,162SqFt
  • 2015Year Built
  • 0.59Acres
  • MLS# 60257113
  • Multifamily
  • Apartment Building
  • Active

  • Approx Time on Market5 months, 9 days
  • AreaN/A
  • CountyGreene
  • SubdivisionN/a

Overview

Introducing a unique opportunity in the heart of Springfield, where modern living meets convenience and investment potential. Welcome to this exceptional 10-unit multi-family complex, boasting an array of features that make it a standout choice in the real estate market.Formerly a thriving student housing project, this property is designed with the utmost attention to detail, ensuring both comfort and functionality for its residents. Built in 2015, it showcases contemporary architecture and quality craftsmanship that stands the test of time.Each unit within this complex offers a spacious and comfortable layout with 2 bedrooms and 2 bathrooms, providing ample space for residents to relax and unwind. But that's not all - the convenience of attached garages means residents can enjoy the luxury of protected parking and extra storage space, a sought-after feature that sets this property apart.Situated within walking distance from downtown Springfield, Hammons Baseball Field, and Missouri State University, this multi-family complex offers residents easy access to the vibrant cultural scene, sporting events, and educational opportunities that the city has to offer. It's the perfect blend of city living with the tranquility of a residential neighborhood.But the possibilities don't stop there. The current owners are open to considering a package deal that includes an additional apartment complex, creating a potential portfolio for the savvy investor. This is your chance to secure not one, but two lucrative real estate investments in a thriving market.This 10-unit multi-family complex is a must-see opportunity. Don't miss your chance to own a piece of Springfield's vibrant real estate market. Your future in Springfield starts here.


Association Fees / Info

Hoa:  No

Bathroom Info

Baths:  2 Per Unit

Building Info

Roofing Material:  Composition

Year Built:  2,015

Construction:  Vinyl Siding

Financial

Transaction Type:  Sale

Type of Tenancy:  Lease

Flood Insurance:  Not Required

Bed Units Price:  Over $450

Yearly Net Oper Inc:  Over $25,000

Garage / Parking

Parking:  Paved Area, Street, Two or More

Interior Features

Appliances:  Oven/Range, Refrigerator

Lot Info

Acres:  0.59

Lot Dimensions:  60X153

Marina Info

Misc

Miscellaneous:  Smoke Detector

Inside City Limits:  Yes

Other

Deposits:  Deposit Required

Foreclosure:  No

Property Info

View:  No

Buildings:  Three Buildings

Streets:  Asphalt

Zoning:  Multi-family

County:  Greene

Property Type:  B

View:  City

Sale / Lease Info

Will Sell:  1031 Exchange,Cash

Financing:  Cash, Conventional

Possession:  At Closing

SqFt Info

Sqft:  9,162

Sqft Finshd Unfnshd:  5000 or more

Bed Units Sqft:  Over 1, 000 SqFt

Tax Info

Tax Year:  2,021

Unit Info

Num Units:  10

Unit Features:  All Units, Patio/Balcony, Washer/Dryer Hookup

Num Two Bedroom Units:  10.00

Utilities / HVAC

Water:  City Water

Heating:  Central

Cooling:  Central

Sewer:  City Sewer

Utilities:  City, Electricity, Gas, High Speed Internet Access, Separate Meters, Tenant Pays Part, Trash, Water

Waterfront / Water

Lake River:  None

Waterfront View:  None

Schools

Elem:  Sgf-Rountree

Middle:  Sgf-Jarrett

High:  Sgf-Parkview

Courtesy of listing office ReeceNichols - Springfield 

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Price & Status History (on bransonhouse.com since Mon, Nov 27th 2023)
  • Original Price: $1,800,000
  • Current Price: $1,675,000
  • Price Reduced: $125,000
Date ChangedFromTo
03/15/2024$1,800,000 $1,675,000 Reduced by $125,000

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