116 W Gay Street Excellent investment opportunity just steps from the heart of downtown Warrensburg! Located just around the corner from the historic downtown square and within walking distance to local restaurants, shopping, and the University of Central Missouri campus, this property offers both convenience and strong rental potential. Currently tenant-occupied at $1, 000 per month, this home provides immediate cash flow from day one. With light cosmetic updates and improvements, there is clear potential to increase rental income and boost overall return on investment. Owner has updated all plumbing to pex, replaced vinyl siding on the front and backside of home, installed new sump pump, HVAC and other maintenance items have been completed regularly. Hardwood floors throughout main living area and tall ceilings throughout adds to character of home. Its prime location near UCM makes it attractive for long-term tenants, student renters, or young professionals wanting easy access to campus and downtown amenities. Whether you're looking to expand your rental portfolio or secure a property in one of Warrensburg's most desirable walkable areas, this is an opportunity you won't want to miss.