$700,000
$700,000
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0.5 Acres Lot
SOLD DATE : 04/09/2024
Key Details
Sold Price $700,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2469802
Sold Date 04/09/24
Year Built 1970
Annual Tax Amount $2,453
Lot Size 0.504 Acres
Acres 0.50410926
Property Sub-Type Apartment
Source hmls
Property Description
Exceptional Investment Opportunity: Newly Remodeled 8-Plex at 408 S Mulberry St, Warrensburg, MO
Discover the perfect blend of modern living and prime location with this fully renovated 8-unit complex, ideally situated within walking distance of the University of Central Missouri. This remarkable property presents a unique investment opportunity in a highly sought-after area.
Property Highlights:
Diverse Unit Mix: The complex comprises 4 spacious 2-bedroom, 1-bathroom units, each available for proforma rents of $900/month, and 4 cozy 1-bedroom, 1-bathroom units, offered at proforma rents of $800/month. This mix caters to a broad range of tenants, from university students to small families.Currently Units 2,3 & 6 are being remodeled. Financials available.
Modern Renovations: Each unit has been meticulously remodeled, boasting brand-new flooring, fresh paint, contemporary fixtures, and new appliances, ensuring a turnkey experience for incoming tenants.
Desirable Location: Nestled in a vibrant neighborhood, residents will enjoy the convenience of being just a short walk from the University of Central Missouri, local dining, shopping, and entertainment options.
Investment Potential: With its attractive unit mix, modern amenities, and prime location, this property offers significant rental income potential and long-term value appreciation.
Your Investment, Their Home:
This 8-plex at 408 S Mulberry St represents more than just an investment; it's a chance to provide high-quality, contemporary homes in the heart of Warrensburg. Whether catering to university students or small families, this property promises to be a sought-after residential destination.
Don't miss out on this exceptional opportunity to own a newly remodeled, strategically located multifamily property. Contact us today for more details and to schedule a viewing.
Location
State MO
County Johnson
Zoning R4
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Brick
Schools
School District Warrensburg R-Vi
Others
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
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