• Branson House Realty
  • (417) 334-7653

Springfield Real Estate

$1,550,000 | 26 beds | 15 full baths | 1 half baths | 10,979 sqft

$1,550,000 Reduced -$50,000
3315 South Delaware Avenue
Springfield, MO 65804
  • 26Beds
  • 15Full Baths
  • 1Half Baths
  • 10,979SqFt
  • 1976Year Built
  • 2.20Acres
  • MLS# 60269020
  • Residential
  • Multiple Residences
  • Pending

  • Approx Time on Market23 days
  • AreaN/A
  • CountyGreene
  • SubdivisionSouthvale Terr

Overview

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.


Association Fees / Info

Association Type:  None

Bathroom Info

Halfbaths:  1

Fullbaths:  15

Total Baths:  16.00

Building Info

New Or Under Construction:  No

Year Built:  1,976

Architecture:  1 Story

Exterior Features

Patio and Porch:  Deck, Patio

Exterior Extras:  Rain Gutters

Fees / Restrictions

Garage / Parking

Garage:  Yes

Garage Type:  Driveway, Paved

Handicap

Interior Features

Interior Amenities:  W/D Hookup

Window:  Blinds, Double Pane Windows

Appliances:  Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator

Basement:  No

Flooring:  Laminate

Lot Info

Lot:  Curbs

Acres:  2.20

Marina Info

Docks Slip:  No

Misc

Inside City Limits:  Yes

Warranty Type:  None

Other

Flood Insurance:  Not Required

Foreclosure:  No

Other Rooms Info

Split Bedroom:  No

Beds:  26

Property Info

View:  No

County:  Greene

Rental Info

Vacation Rental:  No

Room Info

Dining:  Dining Room

Sale / Lease Info

Possession:  At Closing

Will Sell:  Cash,Conventional

Special Features

SqFt Info

Above Grade Unfin Sqft:  0

Below Grade Unfin Sqft:  0

Below Grade Fin Sqft:  0

Price Per Sqft:  141

Sqft:  10,979

Tax Info

Tax Year:  2,023

Re Tax Provided By:  Assessor Records

Unit Info

Efficiency Units:  10979

Utilities / HVAC

Sewer:  Public Sewer

Heating:  Forced Air

Cooling:  Ceiling Fans, Central

Cooling Source:  Electric

Heating Source:  Natural Gas

Water:  City Water

Waterfront / Water

Waterfront View:  None

Lake River:  None

Schools

Elem:  Sgf-Cowden

Middle:  Sgf-Pershing

High:  Sgf-Kickapoo

Courtesy of listing office Estes Stancer Commercial Group 

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Price & Status History (on bransonhouse.com since Fri, May 24th 2024)
  • Original Price: $1,600,000
  • Current Price: $1,550,000
  • Price Reduced: $50,000
Date ChangedFromTo
06/16/2024ActivePending
06/05/2024$1,600,000 $1,550,000 Reduced by $50,000

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