700 W 40 Highway, Sweet Springs, MO 65351
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
700 W 40 Highway,Sweet Springs, MO 65351
$439,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nick benge
Office: midwest land group
MLS#:2618101
Source:MOKS_HL
Price summary
- Price:$439,000
About this home
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....
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Home facts
- Year built:1960
- Listing ID #:2618101
- Added:11 day(s) ago
- Updated:May 15, 2026 at 02:16 PM
Rooms and interior
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Electric
Structure and exterior
- Roof:Composition
- Year built:1960
- Lot area:2.5 Acres
- Construction Materials:Frame, Metal Siding
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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