000 Tanglewood Place new Save Request In-Person Tour Request Virtual Tour
West Plains,MO 65775
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $136
MLS Listing ID SOM60306152
Total Fin. Sqft 12500
Year Built 1995
Annual Tax Amount $5,866
Tax Year 2024
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Duplex
Source somo
Property Description
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 a private 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
Location
State MO
County Howell
Zoning Muti family R-2
Direction East Maple to Left on Tangelwood Place all the properties
Interior
Heating Heat Pump,Central
Cooling Central Air,Ceiling Fan(s),Heat Pump
Fireplace No
Appliance Range,Disposal,Dishwasher,Dryer,Washer,Refrigerator,Microwave
Heat Source Heat Pump,Central
Exterior
Parking Features 1 per Unit
Garage Spaces 13.0
Utilities Available Community,Separate Meters,High Speed Internet,Natural Gas Available,Electricity Available
Waterfront Description None
Roof Type Shingle
Street Surface Asphalt
Building
Sewer Public Sewer
Water City
Structure Type Vinyl Siding,Frame
Schools
Elementary Schools West Plains
Middle Schools West Plains
High Schools West Plains
Others
Miscellaneous Smoke Detector
Acceptable Financing Cash,1031 Exchange,Conventional
Listing Terms Cash,1031 Exchange,Conventional
Virtual Tour https://www.youtube.com/watch?v=zn5q0rWvAUM