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707 E Maple Avenue, West Plains, MO 65775

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For Sale

$1,700,000

2.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 2.5 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

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
MLS# 60306152

Courtesy Of Southern Missouri Homes and Farms LLC

(417) 894-8005

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Lot Size
    2.5 Acres

Map and Directions

Directions to 707 E Maple Avenue, West Plains, MO 65775

Home seller CENTURY 21 Ozark Hills Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Ozark Hills Realty, Inc.

(417) 255-2121
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.