700 W 40 Highway

Offering an excellent, diverse investment opportunity in a highly convenient and visible location, providing short-term cash flow and long-term appreciation. This property offers a newly renovated fourplex and a 40x70 warehouse, totaling 2.5 acres and situated alongside I-70, each fully occupied, with current monthly rents totaling $5,390 and an annual gross income of $64,680.00. Each residential unit offers 2 bedrooms and one full bathroom, with new flooring, cabinets, appliances, vanities, paint, plumbing, electrical, and framing; laundry hookups; a new roof; a new septic system; and a new HVAC. With everything new and fully occupied, these units are truly turnkey for a new owner. The Warehouse is 40x70 with a full concrete floor and two overhead doors. The warehouse has separate parking, additional yard storage space, and 400AMP service with three HVAC units. Every unit has a tenant under a one-year written lease agreement. Each unit has a transferable security deposit being held by the current property management company. The property was fully renovated in 2023/2024, and the real estate taxes are $2,290.00. Call for additional details, copies of leases, and to schedule a virtual or in-person showing!