920 Walnut St Springfield, MO 65806
This stunning, newly renovated (2023) two-unit apartment building in Springfield, Missouri, presents a unique investment opportunity. Located at 920 E Walnut St, this historic 1912 structure boasts 7,652 square feet on a 0.3-acre lot. Each unit features private entrances, 6 bedrooms, and 4 bathrooms, complete with living rooms and kitchens. Modern amenities seamlessly blend with the building's historic charm, including new plumbing, electrical, and spray foam insulation. Luxury vinyl flooring, engineered quartz countertops, maple cabinets, and exposed brick add to the upscale feel. All-electric HVACs and water heaters ensure efficient operation. Exterior improvements include a new roof and tuck-pointed masonry, all approved by the Historic Committee. Currently 100% occupied with leases extending into the summer of 2025, this property offers immediate cash flow and long-term potential. Off-street parking is available via rear alley access. The asking price is $1,300,000. This meticulously renovated property is poised for continued success, offering a compelling blend of historical significance and modern comfort. Don't miss this chance to own a piece of Springfield's history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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