221 Main StreetGarden City, MO 64747
Garden City · Cass County
Description
Located in the heart of Garden City, Missouri, this fully occupied fourplex offers a strong, stable investment opportunity with immediate cash flow and recent updates already completed. The property consists of four 2BR/1BA units, all currently leased with written agreements in place and tenants paying consistently. Current monthly rents range from approximately $950 to $1,040 per unit, providing steady income with room for long-term growth. The building was originally constructed in 1920 and underwent a full renovation in 2024, bringing the property up to modern standards while maintaining its solid structure . Major improvements include a newer roof, updated HVAC systems, and newer water heaters, all approximately 2 years old, significantly reducing near-term capital expense concerns . Each unit is equipped with essential appliances, including stove, and refrigerator, providing added convenience for tenants as well as a laundry area for all tenants. Utilities are landlord-paid, with total average utility costs reported at approximately $7,454 annually, allowing for simplified management and consistent occupancy . Annual real estate taxes are approximately $992, and the property has been professionally managed, making for a smooth transition for a new owner. With strong occupancy, recent renovations, and reliable tenants already in place, this property presents a true turnkey opportunity for investors seeking consistent income in a growing rental market.
Property Information
- Property type
- Residential Income
- Sub-type
- Apartment
- Year built
- 1920
- Stories
- 2
- Lot size
- 0.08 acres
- Zoning
- Comm
- Days on market
- 177
- MLS® Listing#
- 2618105
Property Features
- Cooling
- Electric
- Heating
- Natural Gas
- Parking
- On Street
- Construction
- Brick
- Roof
- Synthetic
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $992
- Parcel number
- 1189900
Directions
From Highway 7, head south towards Garden City for .75 miles. Turn left on Main St. After .2 miles th building will be on your right.
Listing Courtesy: Midwest Land Group - 913-424-2604
Last Updated: 2026-05-04
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