Income-Producing 4-Plex with Warehouse in Sweet Springs, Missouri
Price:
$439,000
Acreage:
2.5
County:
Saline
State:
Missouri
Property Description
Offering an excellent, diverse investment opportunity in a highly convenient and visible location, this property provides strong current cash flow. Situated on approximately 2.5 acres alongside I-70 in Sweet Springs, Missouri, the property includes a newly renovated fourplex and a 40'x70' warehouse, both fully occupied, with current monthly rents totaling approximately $5,390 and an annual gross income of approximately $64,680.Each residential unit offers 2 bedrooms and 1 full bathroom and has been extensively updated with new flooring, cabinetry, appliances, vanities, plumbing, electrical, paint, framing, and in-unit laundry hookups. Major improvements include newer HVAC systems, newer water heaters, newer roof, and a new septic system installed in 2024, creating a true turn-key opportunity for a new owner.
The warehouse provides additional income potential and flexibility for commercial or storage use, featuring a full concrete floor, two overhead doors, separate parking, additional yard storage space, multiple HVAC units, and a 400-amp electrical service setup capable of supporting a variety of commercial or industrial operations. The warehouse tenant pays electric, while the landlord currently covers utilities for the residential units.
All units are occupied with written lease agreements in place, and security deposits will transfer at closing.
The property was extensively renovated in 2022–2024, and annual real estate taxes are approximately $2,290. Professionally managed and income-producing from day one, this property offers a strong opportunity for investors seeking stable returns with minimal deferred maintenance.
Property Features
- Fully occupied 4-unit multifamily & 40'x70' warehouse
- Located on 2.5 +/- acres alongside I-70
- Approximately $5,390/month gross income
- Approximately $64,680 annual gross income
- Four 2 bed / 1 bath residential units
- Renovated throughout in 2022–2024
- New septic system installed in 2024
- Roof, HVAC, and water heaters are approximately 2 years old
- Warehouse includes overhead doors, concrete floors, and 400-amp electrical service
- Multiple HVAC units in warehouse
- All leases in place with deposits transferring at closing
- Professionally managed turn-key investment
- Annual taxes approximately $2,290
