$815,000

500 W Lynn Street

Springfield MO, 65802

Description

20 units .Addresses are: 500, 506 W. Lynn; 339, 1343 N. Lyon, 2710-2712 W. Nichols, 919-921, 923-925, 927-929 N. Fulbright. 8296 SF on Lynn/Lyon on .4098 acres. 4800 SF on Fulbright/Nichols on .95 acres. Total SF is 13,096 on 1.3598 acres for both properties. Current rents are $8065, but potential is $10,120 with rents being raised as tenants renew. Current manager in place is paid $550/month. No pets allowed on properties. Building at 502 W. Lynn needs interior remodel and is not calculated in rental amounts or SF amounts. Call for appointment and lease information. Tenants on Fulbright pay all utilities. On Lynn & Lyon, owner pays water, sewer, and trash. On 500 W. Lynn & 1343 N. Lyon, owner pays all utilities. Two buildings on W. Lynn received new roofs in Feb 2019. All units on W. Lynn and Lyon have replacement windows and doors. Fulbright has central heat/air. Lynn/Lyon have some window units.

Details

MLS#60159170
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1922
Days On Site24

Features

Units20
Building(s)4

Market Activity 65802

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Area Information

StateMO
CitySpringfield
Zip Code65802
Listing VS Median (in 65802)
Price:
$815,000
low | high
Med:
$144,900
100% of Average
On Site:
24
low | high
Med:
113
21.238938053097% of Average
Listing Updated: 04/02/2020
MLS Number: 60159170
Listing Provided By:
Rebecca D Supak  of  Murney Associates - Primrose
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Springfield MLS. 
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