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Listed by Eva Norton • Real Broker, LLC
$ 799,000
Est. payment /mo
Active
408 S Mulberry ST Warrensburg, MO 64093
0.5 Acres Lot
UPDATED:
01/08/2025 10:37 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2515715
Originating Board hmls
Year Built 1970
Annual Tax Amount $2,453
Lot Size 0.504 Acres
Acres 0.50410926
Property Sub-Type Apartment
Property Description
This fully renovated, turnkey 8-plex at 408 S. Mulberry Drive presents a premier investment opportunity in Warrensburg, Missouri. Ideally situated near the University of Central Missouri and Whiteman Air Force Base, the property comprises four two-bedroom units and four one-bedroom units. Recent improvements include fresh exterior paint, enhanced landscaping, and partial interior remodels, with only one unit remaining for a final refresh.
Located within walking distance of the university, this complex holds strong appeal for student renters. Tenants are responsible for all utilities except trash and lawn maintenance, keeping operating costs low for investors. A generous parking lot further enhances tenant convenience.
With the potential to boost rental income by adding washer and dryer hookups to the two-bedroom units, this 8-plex offers both immediate returns and room for growth. Property management is already in place, ensuring a smooth transition for new ownership. Don't miss out on this chance to invest in a high-demand location with consistent occupancy potential.
Located within walking distance of the university, this complex holds strong appeal for student renters. Tenants are responsible for all utilities except trash and lawn maintenance, keeping operating costs low for investors. A generous parking lot further enhances tenant convenience.
With the potential to boost rental income by adding washer and dryer hookups to the two-bedroom units, this 8-plex offers both immediate returns and room for growth. Property management is already in place, ensuring a smooth transition for new ownership. Don't miss out on this chance to invest in a high-demand location with consistent occupancy potential.
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
Listing Terms Cash, Conventional
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