114 North Locust Street

Sweet Springs, MO 65351

$790,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your new investment opportunity! This stunning 5-plex is newly built, maintenance-free exterior crafted entirely of brick, ensuring durability and timeless appeal. Each unit features 2 spacious bedrooms and 1 modern bathroom, offering comfortable living spaces for tenants. With the convenience of washer and dryer hookups in every unit, tenants can enjoy the ease of laundry right at home. The kitchens are equipped with sleek stainless steel appliances, adding a touch of sophistication to...Welcome to your new investment opportunity! This stunning 5-plex is newly built, maintenance-free exterior crafted entirely of brick, ensuring durability and timeless appeal. Each unit features 2 spacious bedrooms and 1 modern bathroom, offering comfortable living spaces for tenants. With the convenience of washer and dryer hookups in every unit, tenants can enjoy the ease of laundry right at home. The kitchens are equipped with sleek stainless steel appliances, adding a touch of sophistication to the space. Don't miss out on this turnkey investment property, perfect for generating steady rental income while requiring minimal upkeep. All units are occupied and are cash flowing rentals. Sweet Springs is a great investment opportunity & a great community. The location is right off I-70. Schedule your viewing today and seize this opportunity to own a prime piece of real estate!
  1. Listed by Deann Weber • ReeceNichols - Eastland • 816-463-1841

Property Details for 114 North Locust Street

Zoning
RES
LISTING UPDATED: 08/14/2024 01:57 PM

Property Details for 114 North Locust Street

StatusActive
MLS #2477536
Days on Market274
Taxes$2,650 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Other
Year Built2023
Lot Size0.29 AC / 12,632 SF
CountySaline County

Building Information for 114 North Locust Street

Stories1Residences5Year Built2023Lot Size0.29 AC / 12,632 SF

Property Information for 114 North Locust Street

Summary
Location and General Information
  • City: Sweet Springs
  • County Or Parish: Saline, MO
  • Directions: From I-70 head S on Hwy 127 (as known as Locust St) to 114 Locust St
  • Inside City Limits: Yes
  • Latitude: 38.967699
  • Longitude: -93.415262
  • MLS Area Major: 224 - Saline County
  • Zip Code: 65351
  • State Or Province: MO
  • Subdivision: Other
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,650.00
  • Parcel Number: 020025-101102-009-001000
  • Tax Annual Amount: $2,650.00
School Information
  • High School District: Sweet Springs
Parking
  • Garage: No
  • Parking Features: Off Street, Paved
Property
Lot Information
  • Lot Size Area: 12,632.00
  • Lot Size Source: Assessor
  • Lot Size SqFt: 12,632.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick
  • Documents Available: Survey
  • Documents Count: 2
  • Age Description: 2 Years/Less
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: Lot 3 Block 3 MAGNES ADDITION SWEET SPRINGS MO
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 14
  • Year Built: 2023
Utilities
  • Sewer: City/Public
  • Utilities: Ind Water Heaters, Separate Meters
  • Electric: 200+ Amp Service
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: Utility Room
  • Patio And Porch Features: Patio, Covered Patio
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Built-In Electric Oven
  • Basement YN: No
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Electric
  • Interior Features: Private Entry
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $53,100.00
  • Maintenance Description: Lawn
  • Maintenance Provided YN: Yes
  • Operating Expense: $10,000.00
  • Operating Expense Includes: Maintenance, Insurance, Real Estate Tax
Unit 1
  • Unit Type: Unit Equipment: Circuit Breaker,Dishwasher,Disposal,Hot Water Heater,Range/Oven,Refrigerator
  • Unit Type: Unit Half Baths: 0
  • Unit Type: Unit Rent Includes: Lawn Maintenance,Parking
  • Unit Type: Unit Rooms: 5
  • Unit Type: Unit SQFT: 850
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 5
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Truman Title
  • Existing Lease Terms: One Year Lease
  • Security Features: Fire Walls, Smoke Detector(s)

Property History for 114 North Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 North Locust Street

Taxable ValueLand$1,160Additions$35,070Total$36,230
Tax Record2024$2,833 ($236 / month)
Home Facts
Beds0Lot Size12,632 SqFtStyleSingle Family ResidenceCountySALINEAPN020026-101102-009-001000

Schools near 114 North Locust Street

Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Sweet Springs Elementary School
PublicPK to 6

Sweet Springs High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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114 North Locust Street is for sale in Sweet Springs, MO 65351. This property was listed for sale on March 15, 2024 by ReeceNichols - Eastland, it's currently listed at $790,000. Nearby schools include Sweet Springs Elementary School and Sweet Springs High School. 114 North Locust Street is a 0-bed, 0-bath, built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReeceNichols - Eastland

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.