Viewing Listing MLS# 60272440

$1,900,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,900,000 Reduced -$250,000
281 North Boston Avenue
Bolivar, MO 65613
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/ASqFt
  • 2006Year Built
  • 2.00Acres
  • MLS# 60272440
  • Multifamily
  • Other
  • Active

  • Approx Time on Market2 months, 11 days
  • AreaN/A
  • CountyPolk
  • Subdivision Polk-not In List

Overview

MULTI-FAMILY PORTFOLIO Three highly successful apartment buildings in SW Missouri. Two buildings in Bolivar MO and one in Buffalo Mo. Bolivar has a total of 24-units; Bolivar Boston Ave. contains 14-two bedroom and 1 bath and 3-one bedroom one bath; Bolivar-Springfield Ave. has 7 one bedroom 1 bath: and S. Walnut in Buffalo contains 6 one bedroom one bath units. Extensive remodeling in all three buildings. Little if no delayed maintenance. Excellent occupancy history... some long term tenants. Upside rents available to new Owner. Healthy cash flow. Springfield Bolivar parcel contains extra vacant land for future development, with city/county approval.



Association Fees / Info

Hoa:  No

Bathroom Info

Baths:  1 Per Unit

Building Info

Roofing Material:  Composition

Total Rooms Above Grade:  30.00

Year Built:  2,006

Total Rooms Below Grade:  0.00

Transaction Type:  Sale

Financial

Sub Lease:  No

Type of Tenancy:  Lease

Bed Units Price:  Over $450

One Bed Units Price:  Over $350

Yearly Net Oper Inc:  Over $25,000

Garage / Parking

Parking:  Paved Area, Two or More

Interior Features

Appliances:  Oven/Range, Refrigerator

Lot Info

Acres:  2.00

Lot Dimensions:  varies

Marina Info

Misc

Historical District:  No

Inside City Limits:  Yes

Other

Deposits:  Deposit Required

Foreclosure:  No

Property Info

View:  No

Buildings:  Four or More Buildings

Zoning:  Vairety

County:  Polk

Property Type:  B

View:  City

Sale / Lease Info

Will Sell:  Cash,Conventional

Financing:  Cash, Conventional

Possession:  At Closing

SqFt Info

Sqft Finshd Unfnshd:  5000 or more

Price Per Sqft:  71,666

Tax Info

Tax Year:  2,023

Re Tax Provided By:  Assessor Records

Unit Info

Num One Bedroom Units:  16.00

Num Units:  30

Num Two Bedroom Units:  14.00

Utilities / HVAC

Water:  City Water

Heating:  Forced Air, Other - See Remarks

Cooling:  Ceiling Fans, Central, Heat Pump, Other - See Remarks, Window Unit(s)

Sewer:  City Sewer

Utilities:  City, Electricity, Master Meter, Separate Meters, Sewer, Tenant Pays Part, Trash, Water

Waterfront / Water

Lake River:  None

Waterfront View:  None

Schools

Elem:  Bolivar

Middle:  Bolivar

High:  Bolivar

Courtesy of listing office Reece Commercial - Springfield 

Mortgage Calculator

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Price & Status History (on lauradalyrealtor.com since Thu, Jul 4th 2024)
  • Original Price: $2,150,000
  • Current Price: $1,900,000
  • Price Reduced: $250,000
Date ChangedFromTo
08/18/2024$2,150,000 $1,900,000 Reduced by $250,000

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