Offering a strong investment opportunity in a high-visibility location just off I-70, this fully renovated multifamily property in Sweet Springs, Missouri delivers immediate cash flow with long-term upside. Situated on approximately 2.5 acres, the property includes a fourplex and a 40x70 warehouse, both fully occupied with a combined monthly income of approximately $5,390.The fourplex consists of four 2-bedroom, 1-bath units that were completely renovated in 2022. Updates include new flooring, cabinetry, appliances, plumbing, electrical, and interior finishes, along with in-unit washer and dryer setups. Major mechanical components have also been addressed, including a newer roof, HVAC systems, and water heaters, all approximately 2 years old. A new septic system was installed in Fall 2024, providing added peace of mind for future ownership .All units are currently occupied, with written leases in place and tenants paying consistently. Unit 4 is currently on a month-to-month lease, providing flexibility for a new owner if desired . Security deposits are held and will transfer at closing.The warehouse adds additional income and versatility, featuring a full concrete floor, two overhead doors, dedicated parking, and separate utility service. The warehouse tenant pays electric, while the landlord covers utilities for the residential units . Additional income is generated through leased washer and dryer equipment.Annual real estate taxes are approximately $2,290, and the property has been professionally managed, making for a smooth transition to new ownership.
Listed By
Agency Name: Midwest Land Group
Agency Phone: 913-674-8010
Shown By
Agent Name: The Riverview Group
Agent Phone: (855) 573-5263
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
700 W 40 Highway | MLS# 2618101
This multi-family property located at 700 W 40 Highway, Sweet Springs, MO 65351 is currently listed for sale with an asking price of call for price. W 40 Highway is located within the Sweet Springs school district. Search Sweet Springs real estate on the-riverview-group.trophypa.com today.