See Home Value
$518,000 - $632,000
● Multifamily - Off Market

Bolivar, MO
bedrooms
Studio
bathrooms
0 Bath

About This Property

This is a fantastic investment opportunity with a monthly revenue of $5,340 when fully rented at the current lease rate. There are 13 total units that include two separate 4-plexes and a single 5-plex. Two of the units are 2-bed, 1-bath and each have laundry hookups. Of the 11 other units, each are 1-bed, 1-bath. All three multiplexes have had a new roof and siding in 2022, and updates made by Foundation Recovery Systems.  The units have newer windows and doors as well as newer wall mounted air conditioners with heat. Each of the 2-bed units have central HVAC. Bolivar is a small, but growing town known for the Bolivar Public Library, First National Bank, and North Ward School, all listed on the National Register of Historic Places. Several software companies are also located in Bolivar including Duck Creek Technologies specializing in P&C insurance software. Located on College street, the units are near HWY 83 with shopping and restaurants just down the road, and also a short distance from Southwest Baptist University where students that are 21 years and older are not required to have university housing. Located less than 17 miles west is Stockton Lake, a favorite spot for fishing, swimming, skiing, scuba diving and especially sailing. Springfield, MO is roughly 30 miles south of Bolivar with regular commuters between the municipalities. In order to ensure a smooth and respectful viewing experience for all parties involved, we kindly request that prospective buyers refrain from disturbing the current tenants residing within our multiplex properties. Call or text with any questions.
Unit Size
-
Days on Market
-
Land Size
0.90 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$224
HOA Dues
-
Year Built
-

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Price History

Date / Event Date Event Price
Jan 24, 2024 No longer available -
No longer available
Nov 2, 2023 In contract -
In contract
Nov 1, 2023 No longer available -
No longer available
Oct 9, 2023 In contract -
In contract
Oct 4, 2023 Listed $575,000
Listed

Property Highlights

Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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