SELLER FINANCING AVAILABLE – 20% DOWN, 6% INTEREST! Excellent mixed-use multifamily investment opportunity with immediate cash flow and upside potential at 5518-5520 East Truman Rd, Kansas City, MO 64127. This income-producing property features 4 residential apartments and 2 commercial storefronts, offering diversified income ideal for investors, 1031 exchange buyers, or… Read More owner-operators. Located just minutes from Downtown Kansas City on high-traffic Truman Road directly across from Dollar General, the property benefits from strong visibility and continued area revitalization. Residential units are fully occupied with long-term tenants, including three Section 8 tenants paying strong market-supported rents. Three residential units were renovated in 2023 prior to tenant occupancy; current interior condition may vary from marketing photos. The photos were taken after renovation and before tenants' occupancy. One commercial storefront is leased and producing income, while the second is vacant and ready for lease-up, owner occupancy, or renovation—creating immediate upside potential. Additional features include a full basement for storage/workspace and rear common-use outdoor area. Commercial units and basement may be shown anytime. Residential apartment interiors available only after accepted LOI or mutually agreed terms. Stable income today with future upside—an excellent opportunity to acquire a cash-flowing mixed-use asset in a growing Kansas City corridor. Read Less
Listing Snapshot
Days Online
0
Property Type
Apartment
Lot Size
0.07 Acres
Year Built
1920
MLS Number
2618347
Additional Details
Building
Construction Materials: "Concrete", "Stone & Frame", "Stucco & Frame", Year Built: 1920
Cooling
Details: "Window Unit(s)"
Heating
Heating: "Other"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 3151
Property
Zoning: MIXED
Roof
Description: "Other"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Separate Meters"
Listing courtesy of Kansas City Real Estate, Inc. 816-246-7700
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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