1409 UNIVERSITY AVE, COLUMBIA, MO 65201 (MLS# 424370)

1409 UNIVERSITY AVE, COLUMBIA, MO 65201

$700,000

Unit 1,2,3,4 have same layout. Shelving/cabinets varies from unit to unit.

All units bath room layout is the same. Vanity style varies from unit to unit.

All 6 units have same bedroom layout, each bedroom has 2 closets.

One water heater for the building. Natural gas expense for the water heater is paid by the landlord.

Property Type: Income Square Footage: 4,752 Status: Closed

Current Price: $700,000 List Date: 1/08/2025 Last Modified: 3/01/2025

Overview

Description

Offer deadline is Thursday, jan 16 at 8pm. Unique opportunity to own a 6 plex in east campus. It has always been very easy to rent out. Current rents are $4400, but market rents are at least $5000. Landlord pays water, sewer and trash, last year $1967, and gas, last year $692. Washer and dryer income is approx $480 per year. Parking for 6 vehicles on the property. All units are currently leased until 7-31-25. This was originally built by Stephens College as an auxiliary dorm. Building square footage is 4752. Roof approx. 5 years old. Most all of the appliances are less than 5 yrs old. Showings and Open House will be on Saturday, Jan 11, 2-4pm, and on Wednesday, Jan 15, 2-4pm. Showings only during these times. Offers considered after Jan 15th.

Listing Details MLS# 424370

Location, Tax & Legal

Area: Central
Street No #: 1409
Street: UNIVERSITY
Street Suffix: AVE
County: Boone
State/Province: MO
Zip Code: 65201
Subdivision: DORSEY REV
Mapping ID #: 1740500030250001

General Property Description

Type: Apartment Bldg (5+)
Totl Grs Mo Rent: 4400
Age Description: More than 51 Yrs
Lot Size Dimensions: 140x70
Appx Fin Sq Ft Total #: 4752

Status Change Info

Sold Date: 2025-02-28
Under Contract Date: 2025-01-17
Status Change Date: 2025-03-01

Property Disclosure

Property Disclosure To Be Provided: No

More Information

Property Features

Basement: Full; Partially Finished Foundation Details: Poured Concrete Cooling: Two/more window unit Heating: Baseboard; Electric Roof: Architectural Shingle No of Stories(Bldg): 3 or more Parking Facilities: Parking Lot; Paved Area Parking Per Unit: One Amenities (Common): Central Laundry Appliances: All Units; Oven; Refrigerator Unit Features: All Units; Cable; Common Outside Entr; High Spd Internet Ac; Private Bath; Private Outside Entr Safety Features: Fire Escape; Smoke Detector(s) Miscellaneous: Cent Water Heater; Separate meters Documents Available: Certificate of Compliance; Leases Sewer: Public Possession: Subject/TenantRights Will Sell: Cash; Conventional Type of Tenancy: Written Leases Zoning: R-MF Multiple-Family Dwelling*