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
Basement: Yes

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

Location Tax & Legal

Cross Street: College
Actual Taxes $: 1812
Tax Yr: 2024
School District: Columbia
Elementary Sch: Locust Street Arts
Middle/Jr High Sch: Jefferson
Senior Sch: Hickman
HOA/Condo: No
HOA/Condo Init: No
Other Fees: NO
Legal Description: LOTS 79,80,81,97+10 LOT 7 & 20' WPT LOT 8
Auction: No
Located within City of Columbia: Yes

More Information

Remarks & Misc

Directions: East on University from College.

Licensee Per/Int Dis

Not Applicable: Yes

Foundation Type

Full Bsmt Part Fin: Yes

Foundation Material

Poured Concrete: Yes

Appliances

All Units: Yes
Refrigerator: Yes

Documents Available

Leases: Yes
Certificate of Compliance: Yes

Cooling

Two/more window unit: Yes

Heating

Baseboard: Yes
Electric: Yes

Roof

ArchitecturalShingle: Yes

No of Stories(Bldg)

3 or more: Yes

Parking Facilities

Parking Lot: Yes
Paved Area: Yes

Parking Per Unit

One: Yes

Fac/Serv Inc in Rent

Gas: Yes
Lawn Service: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Amenities (Common)

Central Laundry: Yes

Unit Features

All Units: Yes
Cable: Yes
Common Outside Entr: Yes
High Spd Internet Ac: Yes
Private Bath: Yes
Private Outside Entr: Yes

Safety Features

Fire Escapes: Yes
Smoke Detector: Yes

Miscellaneous

Cent Water Heater: Yes
Separate meters: Yes

Possession

Subject/TenantRights: Yes

Restriction/Easement

Deed Restrictions: Yes
Built Prior to 1978: Yes
Subdiv Restrictions: Yes
Subject to Zoning: Yes

Sewer

Public: Yes

Will Sell

Cash: Yes
Conventional: Yes

Zoning

R-MF Multiple-Family Dwelling*: Yes

Type of Tenancy

Written Leases: Yes

Property Features

Foundation Type: Full Bsmt Part Fin Foundation Material: Poured Concrete Cooling: Two/more window unit Heating: Baseboard; Electric Roof: ArchitecturalShingle No of Stories(Bldg): 3 or more Parking Facilities: Parking Lot; Paved Area Parking Per Unit: One Amenities (Common): Central Laundry Appliances: All Units; Refrigerator Unit Features: All Units; Cable; Common Outside Entr; High Spd Internet Ac; Private Bath; Private Outside Entr Safety Features: Fire Escapes; Smoke Detector 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*

Documents

LBP disc ›

Listing Office: Century 21 Community

Listing Agent: Paul Bunch

Last Updated: March - 01 - 2025

Information deemed reliable but not guaranteed.

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