Address
202 W Meadow Street, Smithville, MO
Price
$ 565,000
Property Attributes
- MLS#2494502
- TypePending
- CountyCLAY
- CitySmithville
- Area110 - N=Clinton Co Ln - S=291 - E=I-35 - W=Clay Co
- NeighborhoodBrasfield Addition
- Zip64089
- Style
- Year Built1975
- Taxes$ 3350
- Price$ 565,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.169995 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Amazing Investor or Owner Occupant 4-Plex Opportunity with 3 FULLY FURNISHED units leased as mid-term rentals to traveling nurses and business professionals! Welcome to Smithville, MO. This meticulously updated and maintained 4-Plex is nestled within this burgeoning community located a few miles away from Smithville Lake and the new Meta data facility. Within walking distance of coffee, BBQ and downtown Smithville and a short drive to shopping, groceries and the highway. This multifamily gem showcases four, 2-bedroom/1 bath units, 3 of which are beautifully furnished as mid-term rentals. Each of these units currently rent for $1,350/mo. The fourth unit has been leased at $850/mo to a long-term tenant since 2018 who has taken excellent care of the unit. The property also accommodates 8 parking spaces. The current owner offers 30 to 90 day lease agreements and keeps the mid-term rentals fully booked. There is a mandatory cleaning at the end of each lease, regardless of renewal or new tenant move in. To view current mid-term listings and reviews, please visit www.FurnishedFinder.com. Enter property #673712 Elevated Lake Life Unit D, #481530 Meadow by the Lake II Unit C, or #441709 Meadow by the Lake Unit B. There is opportunity to raise rents in the future. The photos say it all, but to see just how updated & professionally maintained this 4-plex is, request the List of Improvements & Financial Documentation which also details all appliances and mechanicals have been replaced w/in the last 1-7 years. Hurry, as this one won't last! The 4-plex is $141,250 per unit with OVER $58K IN ANNUAL RENTAL INCOME! Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Please do not bother tenants on site if you drive by! Seize the moment and make your mark with this unparalleled investment opportunity!
| Elementary School | Middle School | High School |
|---|---|---|
| Maple Elementary School | Smithville Middle School | Smithville High School |
| Price History | |
|---|---|
| 6/20/2024 | Listed $565,000 |
General Features
| Interior Features | All Window Cover,Apply To All Units,Private Entry |
|---|---|
| Sewer | City/Public |
| Heating | Electric,Forced Air,Hot Water |
| Cooling | Electric |
| Utilities | Ind Heat And Air,Ind Water Heaters |
| Possession | Close Of Escrow |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Refrigerator,Built-In Electric Oven,Washer |
| Exterior Features | Barbecue |
| Patio/Porch Features | Deck,Patio |
| Security Features | Smoke Detector(s) |
| Construction Materials | Frame,Stone Trim,Vinyl Siding |
| Year Built | 1975 |
| Property SubType | Quadruplex |
| County | Clay |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | Brasfield Addition |
| Garage Y/N | No |
| Status | Pending |
| Directions | From US 169,turn east on W Meadow Street. The property will be located on the north side of the street. |
| High School | Smithville |
| City | Smithville |
| High School District | Smithville |
| NumberOfUnitsTotal | 4 |
| MLS Area | 110 - N=Clinton Co Ln;S=291;E=I-35;W=Clay Co Ln |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7405 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Maple |
| Middle/Junior High School | Smithville |
| Public Remarks | Amazing Investor or Owner Occupant 4-Plex Opportunity with 3 FULLY FURNISHED units leased as mid-term rentals to traveling nurses and business professionals! Welcome to Smithville,MO. This meticulous |
| Standard Status | Pending |
| In Flood Plain | Yes |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 2 |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Laundry Features | Inside,Utility Room |
| Unit Type | 2 Bedroom |
Exterior Features
| Parking Features | Assigned,Off Street,On Street |
|---|---|
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 7405 |
| Road Surface Type | Gravel |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 64089
Price
Taxes
Visits
Year Built
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Last Updated: June 29, 2024 12:01 AM UTC
