Property Attributes
- MLS#2468519
- TypeMulti-Family
- CountyJACKSON
- CityGrandview
- Area203 - South K.C. Mo-Grandview Area
- NeighborhoodChetwood Heights
- Zip64030
- Style
- Year Built1962
- Taxes$ 5187
- Price$ 719,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.426423 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Don't miss out on this turn-key building located in Grandview, MO! (9) 1-bedroom units in the growing south suburb of Grandview. This is a terrific property to add to your investment portfolio. Sitting on a spacious 18,575 sq/ft lot, this building offers 9 dedicated parking spaces, and separately metered utilities - including gas, electric, and water. Recent capital expenditures include new furnaces and hot water heaters in 2020, along with cosmetic updates in most units. Many of the leases are currently below market rent, providing buyer with a great opportunity to increase rental rates and maximize returns with minimal capital expenditure. This would be a great property for HUD tenants with new 2024 fair market rent at $1,098 for 1 bedroom properties. 1 unit is currently vacant and 2 units are affordable rate tenants. There is 1 basement unit. Priced at $79,890 per unit. Don't miss your chance to own a profitable income-producing asset. Contact us today to schedule a viewing.
Price History | |
---|---|
1/9/2024 | Listed $719,000 |
General Features
Sewer | City/Public |
---|---|
Heating | Electric,Forced Air |
Cooling | Electric,Window Unit(s) |
Utilities | Ind Heat And Air,Ind Water Heaters,Separate Meters |
Possession | Funding |
Roof | Composition |
Appliances | Refrigerator,Built-In Electric Oven |
Zoning | Multi |
Construction Materials | Shingle/Shake |
Year Built | 1962 |
Property SubType | Apartment |
County | Jackson |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | Chetwood Heights |
Garage Y/N | No |
Status | Active |
Directions | Drive from I-435 S and I-49 S to Grandview. Take exit 178 from I-49 S Take E 135th St to 5th St 13411 5th St Grandview,MO 64030 |
City | Grandview |
High School District | Grandview |
Total Units | 9 |
MLS Area | 203 - South K.C. Mo/Grandview Area |
Lot Size Square Feet | 18575 |
Street Name | 5th |
Listing Terms | Cash,Conventional,FHA,Private,VA Loan |
Public Remarks | Don't miss out on this turn-key building located in Grandview,MO! (9) 1-bedroom units in the growing south suburb of Grandview. This is a terrific property to add to your investment portfolio. Sit |
Virtual Tour | https://my.matterport.com/show/?m=cgHC6L4tkiv |
Standard Status | Active |
In Flood Plain | No |
HMS_MaintenanceProvidedYN | No |
Interior Features
Total Stories | 2 |
---|---|
Basement (Y/N) | Yes |
Air Conditioning Y/N | Yes |
Street Suffix | Street |
Unit Type | 1 Bedroom |
Exterior Features
Parking Features | Off Street,Paved |
---|---|
Water Source | Public |
Total Parking | 9 |
Lot Size Area | 18575 |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool