1127 N Northwood #1127 & 1131

1127 N Northwood #1127 & 1131, Republic, MO 65738

$349,900

Description

What if your neighbor could help pay your mortgage? Live in one side and rent the other, or keep both units rented and add an income-producing property to your portfolio. Either way, this updated Republic duplex gives you options.Each side lives more like a home than a typical rental, with 2 bedrooms, 2 full baths and its own attached 2-car garage... that's 4 garage spaces between the two! Both units have been updated with flooring, paint and appliances, there's no carpet to maintain, and a newer roof is already in place. Large yards give each side plenty of outdoor space, while one unit also features a stained and sealed deck for additional outdoor living.Already thinking like an investor? Both units are currently occupied and generate **$2,400 per month--that's $28,800 per year in current gross rental income.** Tenants pay their own utilities and take care of the lawn, keeping owner responsibilities simple. Current leases run through December and January, with month-to-month options afterward, giving the next owner flexibility for the future.Republic is growing--and the numbers show it. The city's population has increased by approximately 20% since 2020, while the location offers convenient access to Amazon and the Springfield employment corridor, including CoxHealth, Mercy, Missouri State University and Bass Pro Shops, along with Springfield-Branson National Airport, shopping, dining and major highway access.2 units. 4 bedrooms. 4 full baths. 4 garage spaces. $28,800 in current annual gross rent. Keep both sides producing income, or live in one and let the other help with the payment.**One property. Two homes. A lot of possibilities.**

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