RARE INVESTOR SPECIAL!! Are you looking to expand your portfolio with this turn-key secure investment? Here it is, with 100% occupancy! This Multi-Family property is a top performer, at an actual 8.19% CAP RATE, with room to grow income via additional rent stabilization/raising and updating further units. The stabilized CAP RATE of this property is projected to be 10.86%.This property is made up of 3 buildings with 11 total units and has room to grow! Some features about these 11 units include:- 3.84 +- Acres- 11 Total Units (Units #8 & #11 have been completely renovated with brand new bathrooms, updated kitchens and all new surfaces; other units have received regular updates/maintenance)- 3 Buildings (brick, stone, or vinyl siding)- 8,120 +- Rentable Sq Ft between all units- Very close to Highway I-44 (Only 15 minutes to Springfield!)- Window unit air in all units- Baseboard heating in all units- Individually metered for utilities (tenant pays part)- Community washer & dryer ''laundry house'' is on-site (coin operated and revenue generating)- A new Well was recently installed, which services all units for water- And more!This would be perfect for someone looking to efficiently upgrade the quantity of their portfolio.. 11 units, all in one swoop! Don't miss out on this cozy multi-family property tucked away nicely in Marshfield! **Annual Pro-Forma Rental Income is $82,500; see documents section of the MLS Listing for all financial info**
Closed
Price Unknown
41 Northridge Drive UNIT 1-11, Marshfield, MO 65706
--beds
1baths
8,120sqft
Duplex/Triplex/Fourplex
Built in 1960
-- sqft lot
$569,000 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 14, 2025 at 01:06pm
Listed by:
Mike Bowman 417-865-6500,
Murney Associates - Primrose
Bought with:
Kathy Thompson
Springfield Branson Realty
Source: SOMOMLS,MLS#: 60279554

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Baseboard
Cooling
- Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Range/Oven, Refrigerator
- Laundry: Laundry Room
Features
- Apply To Some, Storage
Interior area
- Total interior livable area: 8,120 sqft
Property
Parking
- Parking features: 1 per Unit
Accessibility
- Accessibility features: Handicap Access
Features
- Has view: Yes
- View description: Mountain(s), Year Round, Panoramic
Lot
- Size: 3.84 Acres
Details
- Additional structures: Three Buildings
- Parcel number: 127026003001002000
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex/Triplex/Fourplex
Materials
- Brick, Vinyl Siding, Stone
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity, Tenant Pays Part, Tenant Pays, Separate Meters, Water Available, Trash, Sewer Available
Community & neighborhood
Location
- Region: Marshfield
- Subdivision: N/A
HOA & financial
Other financial information
- Total actual rent: 6875
Other
Other facts
- Listing terms: Cash,1031 Exchange,Conventional