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Listed by Adam Stark Adam Stark Home Selling Team
$ 349,900
Est. payment /mo
Active
5216 COLLIER COURT Jefferson City, MO 65109
3,432 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $101
MLS Listing ID 10072950
Abv Grd Liv Area 3,432
Year Built 1987
Lot Size 0.400 Acres
Acres 0.4
Source Jefferson City Area Board of REALTORS®
Land Area 3432
Property Description
Marketing Remarks: Marketing Remarks: Turnkey 4-Plex - 11% CAP | Updated Units | 100% Occupancy. Here's your chance to own a cash-flowing, turn-key 4-unit apartment building in a strong rental location. This property features four spacious 2 bed / 1 bath units (875 sq ft each) -- recently renovated -- and is an ideal investment for both first-time multi-family buyers and seasoned investors. Key Highlights: Immediate Cash Flow: Current rent roll $3,350/mo with upside. Market Rent Growth: New leases at $850/mo; market supports $925/mo without major upgrades. Tenant-Paid Utilities: Water, sewer, and trash billed back monthly, boosting NOI. Recent CapEx Improvements: New LVP flooring in units & entry stairway Fresh paint throughout Updated appliances, lighting, trim, and doors Multiple newer water heaters Painted kitchen cabinets in select units & new exterior entry door. 100% Occupancy! Hassle-Free Operations: on-site contractor willing to remain. Construction & Layout Benefits: Solid brick & siding construction for low maintenance Simple, efficient floorplans that appeal to long-term tenants 📍 Location: Convenient to schools, shopping, and main roads, ensuring steady rental demand. 💡 Investor Tip: Purchase the two adjacent identical 4-plex for a total of 12 units and enjoy economies of scale with shared parking, management, and maintenance.
Location
State MO
County Cole
Rooms
Basement None
Interior
Heating Forced Air, Electric
Cooling Central Air
Fireplace No
Exterior
Parking Features Open, On Street, More than 1 Space/Unit
View Y/N No
Building
Building Description Stucco,Wood Siding, Other
Sewer Public Sewer
Structure Type Stucco,Wood Siding
Schools
Elementary Schools Lawson
Middle Schools Thomas Jefferson
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOL & BUSINESS