700 W 40 Highway, Sweet Springs, MO 65351
Local realty services provided by:ERA High Pointe Realty
700 W 40 Highway,Sweet Springs, MO 65351
$439,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: will wiest
Office: midwest land group
MLS#:2594970
Source:MOKS_HL
Price summary
- Price:$439,000
About this home
Offering an excellent, diverse investment opportunity in a highly convenient and visible location, providing short-term cash flow and long-term appreciation. This property offers a newly renovated fourplex and a 40x70 warehouse, totaling 2.5 acres and situated alongside I-70, each fully occupied, with current monthly rents totaling $5,390 and an annual gross income of $64,680.00. Each residential unit offers 2 bedrooms and one full bathroom, with new flooring, cabinets, appliances, vanities, paint, plumbing, electrical, and framing; laundry hookups; a new roof; a new septic system; and a new HVAC. With everything new and fully occupied, these units are truly turnkey for a new owner.
The Warehouse is 40x70 with a full concrete floor and two overhead doors. The warehouse has separate parking, additional yard storage space, and 400AMP service with three HVAC units. Every unit has a tenant under a one-year written lease agreement. Each unit has a transferable security deposit being held by the current property management company. The property was fully renovated in 2023/2024, and the real estate taxes are $2,290.00. Call for additional details, copies of leases, and to schedule a virtual or in-person showing!...
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Home facts
- Year built:1960
- Listing ID #:2594970
- Added:47 day(s) ago
- Updated:April 09, 2026 at 02:23 PM
Rooms and interior
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Electric
Structure and exterior
- Roof:Composition
- Year built:1960
- Construction Materials:Frame, Metal Siding
Schools
- High school:Sweet Springs
- Middle school:Sweet Springs
- Elementary school:Sweet Springs
Utilities
- Water:City/Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$439,000
Features and amenities
- Appliances:Refrigerator, Washer
Parking
- Parking description:Other
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