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.
| MLS # | 2618101 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 176 |
| Listing Provided By | Midwest Land Group | Nick Benge |
| Story(s) | 1 |
|---|---|
| Units | 4 |
| Zoning | Res |
| Acreage | 2.50 |
| Property | 3015 |
|---|
| State | MO |
|---|---|
| County | Saline, MO |
| City | Sweet Springs |
| Zip Code | 65351 |
| Area | 224 Saline County |
| Listing VS Median (in 65351) | |
Price: $439,000 low | high Med: $179,500 On site: 176 low | high Med: 76 | |
| State | MO |
|---|---|
| County | Saline, MO |
| City | Sweet Springs |
| Zip Code | 65351 |
| Area | 224 Saline County |
| Listing VS Median (in 65351) | |
Price: $439,000 low | high Med: $179,500 On site: 176 low | high Med: 76 | |