5 months on rocket

1701-1709 E Chestnut St, Springfield, MO, 65802

$220,000

Home List Price

$2,613*

Closing Credit

1 Bath
Multi

Location

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1701-1709 E Chestnut St, Springfield$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 per Unit
Year Built1944
HeatingCentral
CoolingCeiling Fan(s), Central Air, Window Unit(s)
MLS #60270753
Lot Size0.22 Acres
StatusActive

About 1701-1709 E Chestnut St

Exciting Investment Opportunity! Three charming bungalows, nestled side by side, each boasting one bedroom and one bathroom, conveniently located just minutes away from our local colleges and the vibrant heart of Downtown Springfield. These three residences, situated at 1701, 1705 & 1709 E Chestnut St, are currently occupied by tenants, generating a combined monthly income of $1,925.At 1701, a loyal tenant of two years is currently paying $575 monthly. At 1705, a new lease beginning in July 2024 includes a rent increase to $600 per month. 1709 stands out, having undergone a full remodel, boasting brand-new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $725 per month plus $25/mo in pet rent. These properties are professionally managed, ensuring seamless operations for investors who desire hassle-free management. Don't miss out on this prime investment! Properties are sold AS-IS, with the seller making no repairs.

Property Details

Property Features

Property Information:

  • Year Built: 1944

Listing Office:

  • Office Name: Murney Associates - Primrose
  • Office Phone: (417) 823-2300
  • Listing Agent: Brea Hunter

Interior Features

Interior Information:

  • Interior: Washer/Dryer Hookup

Exterior Features

Parking Information:

  • Parking: 1 per Unit

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From the exit of Highway 65 and Chestnut Expressway, head west on E Chestnut Expressway. Just past the intersection of Chestnut and Glenstone, turn right onto E Chestnut St. Homes are located on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
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Housing Market Comparison

See how this home compares to others in Springfield, MO.

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Springfield, MO

City

Med. List Price

$245.1K

Med. Price/SqFt

$151

Avg. Days On Market

68

# of Sold Homes

249

1701-1709 E Chestnut St vs Springfield

163 DAYS ON ROCKET

+95 Days

$220,000

-$25.1K Less

KEY TAKEAWAY

This property is $25.1K less than the Median List Price in Springfield, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: somo
  • MLS Number: #60270753

Listing Office:

  • Office Name: Murney Associates - Primrose
  • Office Phone: (417) 823-2300
  • Listing Agent: Brea Hunter

IDX The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than this broker are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2024 Southern Missouri Regional MLS, LLC. All rights reserved.

SOMO MLS respects the intellectual property rights of others and expects you to do the same. Per the DMCA, SOMO MLS will respond expeditiously to claims of copyright infringement on the Site if submitted to SOMO MLS's Copyright Agent as described below. Upon receipt of a notice alleging copyright infringement, SOMO MLS will take whatever action it deems appropriate within its sole discretion, including removal of the allegedly infringing materials. If you believe that your intellectual property rights have been violated by SOMO MLS or by a third party who has uploaded materials to the Site, please provide the following information to SOMO MLS's designated Copyright Agent listed below:
a. A description of the copyrighted work or other intellectual property that you claim has been infringed;
b. A description of where the material that you claim is infringing is located on the Site;
c. An address, telephone number, and e-mail address where SOMO MLS can contact you and, if different, an e-mail address where the alleged infringing party, if not SOMO MLS, can contact you;
d. A statement that you have a good-faith belief that the use is not authorized by the copyright owner or other intellectual property rights owner, by its agent, or by law;
e. A statement by you under penalty of perjury that the information in your notice is accurate and that you are the copyright or intellectual property owner or are authorized to act on the owner's behalf;
f. Your electronic or physical signature.
SOMO MLS may request additional information before removing any allegedly infringing material. In the event SOMO MLS removes the allegedly infringing materials, SOMO MLS will immediately notify the person responsible for posting such materials that SOMO MLS removed or disabled access to the materials. SOMO MLS may also provide the responsible person with your e-mail address so that the person may respond to your allegations.
SOMO MLS reserves the right to terminate, limit or suspend any user's access to the Site in the event of repeated infringing activity. If you believe that a user of this Site is a repeat infringer, please follow the above instructions to contact SOMO MLS's Copyright Agent. Please include sufficient information to assist SOMO MLS in determining that the user repeatedly engaged in infringing activity.
SOMO MLS registered a designated agent with the Copyright Office pursuant to 17 U.S.C. 512(c).

SOMO MLS's designated Copyright Agent is:
Laurie Joecks
1310 Primrose, Springfield, MO 65804
Phone: 417-883-1226
Email: laurie@gsbor.com
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 4:13:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1188423
1
/10

  • Boyd Elementary School

  • 1409 N Washington Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-1188424
4
/10

  • Weaver Elementary School

  • 1461 N Douglas Ave

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-1188425
4
/10

  • McGregor Elementary School

  • 1221 W Madison St

  • 1.39 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,154. Typical income of Springfield, MO residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Springfield, MO

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Springfield, MO?

Springfield's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from classic American craftsman to contemporary designs, with a significant portion of homes built in the latter half of the 20th century. The homeownership rate in Springfield is robust, with a substantial majority of residents owning their homes, while a smaller yet significant percentage of the population opts for renting.

Is Springfield, MO a good place to live?

Springfield is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on hosting annual events that reflect its historical roots and contemporary interests, including arts festivals, music celebrations, and community gatherings that foster a strong sense of belonging among residents. The community's character is further defined by its well-maintained parks and recreational areas that offer residents a peaceful retreat from the urban hustle.

Are things conveniently located in Springfield, MO?

The community is served by a comprehensive array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational institutions. Healthcare facilities in Springfield provide a range of services, from primary care to specialized treatments, ensuring residents have access to quality medical care. The city also features a public library system that supports lifelong learning and literacy. Retail and dining options are plentiful, with establishments ranging from local boutiques to international cuisine, reflecting the diverse tastes of the community.

What does the transportation in Springfield, MO look like?

Springfield's transportation infrastructure supports both private and public transit options, with a bus system that facilitates movement around the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. The city is also equipped with bike lanes for cycling enthusiasts. Major roads and highways connect Springfield to surrounding regions, making it convenient for residents to commute or travel. Public transportation schedules are designed to accommodate peak hours, ensuring accessibility for those relying on these services.

Rocket Homes›Missouri›Greene County›Springfield›65802›1701-1709 E Chestnut St

This home is located at 1701-1709 E Chestnut St in Springfield, MO and zip code 65802. This home, which was built in 1944, sits on a 0.22 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $220,000.

In October 2024 in Springfield, MO there were 9.5% more homes for sale than in September 2024. Listings spent 68 days on the market in October 2024, and had a median list price of $245,165 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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