1202 Grant AveSpringfield, MO 65802
- Investment properties
- 1,112 SF
Property Details for 1202 Grant Ave
- Property size (Sq ft)
- 1,112 SF
- Property type
- Investment properties
- Property subtype
- Multifamily properties
Description
This Springfield, Missouri duplex presents a compelling investment opportunity with a strong 9.59% capitalization rate. The property, located at 1202 N Grant Ave, in Greene County, boasts 1,112 square feet and comprises two units, each currently occupied, generating a substantial net operating income (NOI) of $16,212. The asking price is $169,000, translating to $151.98 per square foot and $84,500 per unit. Completely renovated in 2022, this stabilized investment offers immediate cash flow with minimal vacancy risk. The property's excellent location in Springfield, Missouri, combined with its high occupancy rate and strong NOI, makes it an attractive option for investors seeking a reliable and profitable addition to their portfolio. Detailed financial information is available upon request. Please respect tenant privacy and do not disturb.
Location Insight
- City
- Springfield
- County
- Greene
- State
- Missouri
- Latitude
- 37.2213
- Longitude
- -93.2982
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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