717 Grant Ave Springfield, MO 65806

Property Details for 717 Grant Ave

Year built

2022

Lot size

0.17 lot acres

Property size

2,586 SF

Property type

Dormitories

Property subtype

Student housing

Description

This exceptional 2022-built duplex, located at 717 S Grant Ave, Springfield, MO 65806, presents a lucrative investment opportunity. Boasting 2,586 square feet across two units, each unit offers three bedrooms and three bathrooms, catering perfectly to student needs. The property features private entrances, a wrap-around porch, and low-maintenance landscaping with privacy fencing. Six off-street parking spaces are available. High-end finishes include luxury vinyl plank flooring throughout, granite countertops in each kitchen, and new appliances. Each unit also has its own washer and dryer hookups. The property is entirely electric, with the owner responsible only for trash and lawn care. Situated just 1.3 miles from Missouri State University (MSU), this property enjoys a prime location within the Grant Ave Parkway Improvement Corridor, ensuring high occupancy rates. The asking price is $439,000, translating to $169.76 per square foot and $219,500 per unit. The property sits on a 0.17-acre lot and currently boasts 100% occupancy. This turnkey investment offers immediate cash flow and strong potential for long-term appreciation. All units are equipped with new water heaters, furnaces, and air conditioning systems. The exterior features attractive low-voltage diamond coat siding. This is a rare opportunity to acquire a high-quality, well-maintained student housing property in a desirable location.