1225 E Paragon - Multi-Family FOR SALE


Springfield, MO 65803
$575,000 USD
417-839-5117
1225 E Paragon, Springfield, MO for Sale
$575,000 USD
Multi-Family - FOR SALE
1/46
null | 5.6% Cap Rate

1225 E Paragon
Springfield, MO 65803


HIGHLIGHTS

  • Modern Style Exterior and Floorplan with Open Concept Kitchen and Living Space Down with All Bedrooms Upstairs.
  • Quiet Subdivision with All New Homes Built in 2023-2024. Low Through Traffic and Close to I-44 and Shopping.
  • 100% Occupied Providing A Safe Investment With Low Maintenance Costs Due to Age Of Property.

OVERVIEW

Great investment opportunity for two nearly new properties located on the north side of Springfield just off National. 1225 and 1229 E Paragon are both 3 bedrooms, 3 full bath rental homes featuring over 1500 sq.ft of living space each. With an open kitchen, dining, and living floorplan downstairs, and all the bedrooms upstairs, these homes have custom features and upgrades throughout including granite countertops, solid surface flooring, custom trim and woodwork, and modern lighting fixtures as well. Quality built in 2023, both properties have fenced backyards, low maintenance exteriors, and covered front porches. Easy access to I-44 and surrounded by similar style properties in a growing and attractive neighborhood.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$347 USD /SF

# OF UNITS

2

PRICE/UNIT

$287,500

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1225 and 1229 E Paragon Springfield, MO.

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

1206302244

ASK ABOUT THIS PROPERTY

Stephen BurksMurney Associates RealtorsMore Info
417-839-5117

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Stephen BurksMurney Associates RealtorsMore Info
417-839-5117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.