Nearly $100,000 price drop! Bring offers! - Buy one duplex or buy more than one. Outstanding multifamily opportunity in South Kansas City featuring FOUR contiguous DUPLEXES, totaling EIGHT (8) units. Each unit offers two bedrooms, one bathroom, a two-story layout with bedrooms and bath upstairs, and original hardwood floors in… Read More most rooms. These units feel MUCH larger than 850 SQ FT. All units have washer and dryer hookups, central heating and cooling, and locations for a stove and refrigerator. The off-street parking in the rear is rare for the area offering investors unique privacy for their tenants. Two buildings have newer siding, and roofs and HVAC systems have been replaced as needed over time (see details sheet). Utilities are separately metered for each unit, with tenants paying all services except water and sewer; trash is currently included with water/sewer, providing a future opportunity to charge tenants for both. Three (3) units are occupied by paying month-to-month tenants, while the remaining units are in process of being cleaned out and ready for a new owner to get to work. This location is highly sought after due to excellent access to major employers, grocery, restaurants, and retail along Bannister Road, a key artery in South Kansas City. As the city continues to grow outward from the urban core, rental rates in this area have seen steady increases. Significant upside remains through renovating vacant units to market-level finishes, and the potential to add half bathrooms on the main floor. Ideal for investors seeking a value-add opportunity with strong rent growth potential and minimal owner expenses when fully occupied. See supplements for tons of additional details. Seller is selling AS-IS and won't make repairs or concessions. Read Less
Listing Snapshot
Days Online
70
Property Type
Package Of Properties
Lot Size
7500 Acres
Year Built
1955
MLS Number
HMS2543186
Additional Details
Appliances & Equipment
Description: "Refrigerator", "Gas Range"
Building
Construction Materials: "Board & Batten Siding", "Frame", Year Built: 1955
Cooling
Details: "Electric"
Exterior Features
Features: "Private Entrance"
Heating
Heating: "Natural Gas"
Home Owner's Association
Fee: 0, Dues Frequency: None
Laundry
Description: "Inside"
Lot
Size: 7500
Parking
Parking Total: 8
Property
Zoning: MF
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Ind Heat And Air", "Ind Water Heaters", "Separate Meters"
Listing courtesy of Legendary Apartment Brokers 816-591-0825
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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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