1127 N Northwood Avenue, Unit 1127
Property Description
Investor-ready Republic duplex with immediate rental income and built-in flexibility. Fully occupied and currently producing $2,400 per month / $28,800 annually in gross rental income, this property offers an attractive opportunity for a buy-and-hold investor, potential 1031 exchange buyer, or future owner-occupant.Each unit features 2 bedrooms, 2 full baths and its own attached 2-car garage--a standout setup with 4 total garage spaces. Both sides have been updated with flooring, paint and appliances, feature no carpet, and a newer roof is already in place. Large yards add tenant appeal, with one unit also offering a stained and sealed deck.Tenants pay their own utilities and maintain the lawn, helping keep ongoing owner responsibilities simple. Current leases run through December and January, with month-to-month options afterward, giving the next owner flexibility as leases expire.Located in growing Republic with convenient access to Springfield, Amazon, major employment centers, shopping, dining, Springfield-Branson National Airport and major highway connections.2 units | 4 bedrooms | 4 full baths | 4 garage spaces | $2,400 current monthly gross rent | $28,800 current annual gross rentKeep both units producing income, add the property to your portfolio, explore it as a potential 1031 exchange replacement, or eventually occupy one side.One property. Two income streams. Built-in flexibility.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $349,900 |
| No. of Units: | 2 |
| Year Built: | 2007 |
| Lot Size: | 2,184.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $174,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-GSBORMO-60333668
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