Blue Springs Fourplex

This Blue Springs 4-plex offers four spacious renovated two-bedroom, one-bath units, each with a one-car garage. The current owner has completed all major capital expenses and renovated all units with an impeccable luxury finish. Updates include new exterior siding, new garage doors, new roof, and new poured driveways in addition to updated common hallway and the rehab to all units. Each unit has a dedicated laundry area with a side-by-side laundry hookup off the kitchen. Located in a quiet suburban area with highly rated schools and easy I-70 access. All two-bedroom units with an oversized garage for each tenant (attached on the first floor) appeal to tenants and owners in the sought-after Blue Springs.

Why We Love It: Desirable two-bedroom units with garages and in-unit laundry hookups. Everything we look for in a rental investment – 2 bedrooms, laundry, and parking. No capital expenses for many years to come, this will be a hassle free investment in a really nice appreciating area.

The Challenge: One made-ready unit was intentionally left vacant for the sale, so it’s important to get that leased up before October if you purchase as a rental property.

The Value-Add Play: Give tenants rent bumps over time and consider a mid-term rental. We have a client who achieves a 30% premium doing mid-term rentals in Blue Springs!