103 & 105 Martin Street
Property Description
4 rental units with room for 4 more. Located on Martin Street in Greenfield, Missouri, this multifamily investment property offers immediate rental income with tenants already in place, road frontage on 3 sides, and additional ground for future expansion. It's not flashy, but it's functional, and the opportunity here is easy to understand.The property consists of 2 single-story buildings, each housing 2 residential units. All 4 units offer 2 bedrooms, 1 bathroom, a comfortable living area, and a kitchen with oak cabinetry and washer and dryer hookups. Metal roofs, brick and siding exteriors, and practical floor plans provide a straightforward setup for rental ownership. The units are currently occupied and show normal wear, leaving room for cosmetic improvements as leases turn over.The level lot offers open lawn, mature trees along the perimeter, and sufficient space to explore the addition of 4 more rental units, subject to city approval and utility availability. Road frontage on 3 sides adds flexibility for future development, access, and potential building placement.Located in the Greenfield School District and minutes from downtown Greenfield, the property provides convenient access to local amenities.For an investor looking for rental property in Dade County, Missouri, the existing income and future potential are what matter. Four income producing doors, simple construction, established tenants, and room for expansion give this property a practical foundation for both immediate income and long-term growth.
Broker Details
Billy Bruce Realty (417) 326-2106
MLS ID: 512007275 State License Number: 2017032571
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $325,000 |
| No. of Units: | 4 |
| Year Built: | 1970 |
| Lot Size: | 3,523.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $81,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 1 |
ID: 3yd-GSBORMO-60337856
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