707 E Maple AVE, West Plains, MO 65775 – SOM60306152

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Westgate Realty

aduggins@westgaterealty.com +1(417) 257-2733

$ 1,700,000

Est. payment | -/mo

1 Bath

950 SqFt

Save

$ 1,700,000

Est. payment | -/mo

Save

1 Bath

950 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $1,789

MLS Listing ID SOM60306152

Total Fin. Sqft 950

Year Built 1995

Annual Tax Amount $5,866

Tax Year 2024

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type Duplex

Source somo

Property Description

Unique investment opportunity! This well-maintained property on Tanglewood place offers a total of 13 rental units--including six duplexes (12 units), each approx. 950 sq. ft. with 2 bedrooms, 1.5 baths, laundry room, and attached 1-car garage, plus a charming 2-bedroom, 1.5-bath home (approx. 1,100 sq. ft.) with an attached carport and a large detached garage/storage building. All appliances convey--including refrigerators, electric stoves, built-in microwaves, washers, dryers, and kitchen garbage disposals--making these units truly turn-key. Every garage also has a remote opener for tenant convenience.Inside, the bedrooms feature cozy carpeting, while laundry, baths, and kitchens are finished with durable vinyl flooring, and living rooms have attractive wood laminate floors. Each unit also includes ceiling fans in the largest bedroom and the living room. All units are connected to city water and sewer.A special feature is the full basement beneath one duplex, used by tenants for storage and as a safe place during severe weather. This small, private community is tucked away on its own cul-de-sac, with the city maintaining the street. Each unit is separately metered with tenants paying their own electric and propane (propane for heating only).Lovingly built and cared for by the same owner for 30 years, the property shows pride of ownership throughout. Current rents are $650/month for the duplexes and $850/month for the home. Several tenants have been in place for over 10 years, and while rents are below market, there is excellent potential for increased cash flow under new ownership. The seller also maintains excellent records, available for serious buyers to review.This is a rare chance to acquire a stable, long-term investment with upside potential in a well-kept, owner-built community.Includes the Home on 707 East Maple and The Duplexes at 501-508, 510, 512, 514, and 516 Tanglewood Place

Location

State MO

County Howell

Zoning Muti family

Direction East Maple to Left on Tangelwood Place all the properties

Interior

Heating Heat Pump, Central

Cooling Central Air, Ceiling Fan(s), Heat Pump

Fireplace No

Appliance Range, Disposal, Dishwasher, Dryer, Washer, Refrigerator, Microwave

Heat Source Heat Pump, Central

Exterior

Parking Features 1 per Unit

Garage Spaces 13.0

Utilities Available Community, Separate Meters, High Speed Internet, Natural Gas Available, Electricity Available

Waterfront Description None

Roof Type Shingle

Street Surface Asphalt

Building

Sewer Public Sewer

Water City

Structure Type Vinyl Siding,Frame

Schools

Elementary Schools West Plains

Middle Schools West Plains

High Schools West Plains

Others

Miscellaneous Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Gwen Chambers Southern Missouri Homes and Farms LLC

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Westgate Realty

Broker | License ID: 2019046646

aduggins@westgaterealty.com

+1(417) 257-2733

740 N Kentucky Ave, West Plains, MO, 65775, USA

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707 E Maple AVE West Plains, MO 65775

Westgate Realty

Key Details

Location

Interior

Exterior

Building

Schools

Others

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707 E Maple AVE