Investment Opportunity – 4plex for Sale – Kirksville, Missouri

Description

4-Plex Investment Property – Kirksville, MO | $1,675 Monthly IncomeGreat opportunity to own a 4-unit income-producing property in the heart of Kirksville, MO! This classic early 1900s home has been converted into a four-plex and currently generates $1,675/month in gross rental income.Three of the four apartments have been updated with new flooring, fresh paint, and tiled showers. The remaining unit retains its original paneling and older finishes but remains occupied and income-generating. The building’s exterior has not been updated, presenting a value-add opportunity for investors looking to increase curb appeal and rental value.Located in a strong rental market just minutes from Truman State University and A.T. Still University, this property offers long-term tenant appeal. Financial Snapshot:Monthly Income: $1,675Annual Gross Income: $20,100Estimated Expenses: $3,130.62 (taxes & insurance)Net Annual Income: $16,969.38Whether you’re a first-time investor or expanding your rental portfolio, this Kirksville 4-plex offers reliable cash flow and future upside.