Bolivar, MO 65613,Address not disclosed
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Bolivar, MO 65613,Address not disclosed
Bolivar, MO 65613,Address not disclosed
Bolivar, MO 65613,Address not disclosed
Bolivar, MO 65613,Address not disclosed

$575,000

Est. payment /mo
Est.Price: ?

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Address not disclosed Bolivar, MO 65613

0.9 Acres Lot

SOLD DATE : 01/22/2024

Key Details

Property Type Multi Family

Sub Type Duplex/Triplex/Fourplex

Listing Status Sold

Purchase Type For Sale

Subdivision College Hills

MLS Listing ID SOM60253326

Sold Date 01/22/24

Originating Board somo

Year Built 1978

Annual Tax Amount $2,683

Tax Year 2021

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 273X143

Property Sub-Type Duplex/Triplex/Fourplex

Property Description

This is a fantastic investment opportunity with a monthly revenue of $5,340 when fully rented at the current lease rate. There are 13 total units that include two separate 4-plexes and a single 5-plex. Two of the units are 2-bed, 1-bath and each have laundry hookups. Of the 11 other units, each are 1-bed, 1-bath. All three multiplexes have had a new roof and siding in 2022, and updates made by Foundation Recovery Systems. The units have newer windows and doors as well as newer wall mounted air conditioners with heat. Each of the 2-bed units have central HVAC. Bolivar is a small, but growing town known for the Bolivar Public Library, First National Bank, and North Ward School, all listed on the National Register of Historic Places. Several software companies are also located in Bolivar including Duck Creek Technologies specializing in P&C insurance software. Located on College street, the units are near HWY 83 with shopping and restaurants just down the road, and also a short distance from Southwest Baptist University where students that are 21 years and older are not required to have university housing. Located less than 17 miles west is Stockton Lake, a favorite spot for fishing, swimming, skiing, scuba diving and especially sailing. Springfield, MO is roughly 30 miles south of Bolivar with regular commuters between the municipalities. In order to ensure a smooth and respectful viewing experience for all parties involved, we kindly request that prospective buyers refrain from disturbing the current tenants residing within our multiplex properties. Call or text with any questions.

Location

State MO

County Polk

Zoning Commercial

Direction From Springfield and Broadway intersection, head South on Springfield and take a right on College. Property will be on the left.

Interior

Interior Features Carpet, Washer/Dryer Hookup

Heating Central

Cooling Central Air, Window Unit(s)

Fireplace No

Heat Source Central

Exterior

Utilities Available Community

Waterfront Description None

Roof Type Composition

Street Surface Asphalt

Building

Sewer City Sewer

Water City

Schools

Elementary Schools Bolivar

Middle Schools Bolivar

High Schools Bolivar

Others

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

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Listed by Langston Group Murney Associates - Primrose
Brought with Langston Group Murney Associates - Primrose
agent

Kathy & Gary Clark

Agent | License ID: 1999078242

+1(417) 230-7253

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