$1,345,000
 $8,064 forsale estimated payment Sourced by Back At You

9613 E Truman Road , Independence, MO 64052

Independence, MO 64052

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Description

Prime 14-Unit Multi-Family Property in Kansas City Discover a fantastic investment opportunity in a highly desirable location just minutes from major highways and a short distance from the iconic sports Stadiums. This property is ideally situated for easy access to local attractions, shopping, and dining. Property Overview: - Units: 14 multi-family units comprising 2-bedroom, 1-bedroom, and studio apartments. - Building Type: All brick exterior ensuring durability and low maintenance. Key Features: - Low Vacancy Rates: Strong rental demand in the area. - Major Capital Improvements: - New roof installed on both east and west wings in 2019. - Eight new high-efficiency furnaces and meters added for improved energy management. - New gutters and front soffits installed in 2021. - Eight of the two-bedroom apartments upgraded with new central AC units in 2024. - Future Improvements: Planned renovations in the north and south wings scheduled for Spring 2025, offering potential for increased rental income and property value. Additional Revenue Opportunities: - Potential for additional income through service fees and parking fees, maximizing revenue streams. Zoning: - Zoned as C2 (Commercial), providing flexibility for future development or enhancement of services. Opportunity Zone: - Located in Opportunity Zone ID: 29095011800, presenting tax benefits and incentives for investors. Investment Highlights: This property not only offers a stable income stream but also holds immense potential for growth and appreciation in a thriving market. With its strategic location near major sports venues and recent upgrades, this multi-family property is an excellent addition to any investment portfolio.

Details

Mls2520696
Listing TypeFor Sale
StyleCon
SubtypeResale
StatusActive
Year1967
Days On Site19
Listing Provided ByKeller Williams Southland | Rustalyn York

Features

Storys2
Units14
ZoningRes
Acreage0.30
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Learn More About This Property

StateMO
CountyJackson
CityIndependence
Zip Code64052
Area206 Independence Area
Community NameEvanston
School DistrictVan Horn
Elementary SchoolAbraham Mallinson
Middle SchoolNowlin
High SchoolVan Horn
Listing VS Median (in Evanston)
Price:
$1,345,000
low | high
Med:
$0
On Site:
19
low | high
Med:
Sourced by Back At You
Listing Updated: December 9, 2024 at 4:49:02 PM PST