Address
206 N Grant Road, Knob Noster, MO
Price
$ 589,000
Property Attributes
- MLS#2488268
- TypePending
- CountyJOHNSON - MO
- CityKnob Noster
- Area220 - Johnson County - Mo
- Zip65336
- Style
- Year Built1968
- Taxes$ 2652
- Price$ 589,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.25 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Investor Opportunity! Two fourplexs plus an acre of developable land in Knobnobster near Whiteman Airforce Base. In this listing are 206 & 208 Grant. Both units recently had new gutters, downspouts, soffits and fascia completed this month, a $12k investment. The complex, managed by local property management company, usually runs at 90% occupancy. It currently has 6 of 8 units occupied. Many of the tenants over the years have been airmen from the Whiteman Airforce Base. The acre of developable land is located in three lots surrounding the two fourplexes. The price of those lots with the 8 units are included in the list price of $589k. The lots can be purchased stand alone for $50k. The fourplexes can be purchased without the property for $550k. Buying them all together saves $11k! The land is perfectly situated for expansion and the acre of land could sufficiently hold another 3 fourplexes for a total of 20 units on the property. One half acre is located directly to the south of the four plexes on the same lot. The other half acre is located directly to the east of the property on the back side of the fourplexes. The east lot currently has an empty trailer on the lot that will most likely need to be removed prior to development. The two fourplexes today meets the 1% investor ROI rule without any additional expansion. Showings are by appointment only and must be scheduled 24 hours in advance with the property management company.
| Price History | |
|---|---|
| 5/13/2024 | Listed $589,000 |
General Features
| Sewer | City/Public |
|---|---|
| Heating | Forced Air |
| Cooling | Electric |
| Utilities | Ind Heat And Air,Ind Water Heaters |
| Roof | Other |
| Zoning | multi |
| Construction Materials | Vinyl Siding |
| Year Built | 1968 |
| Property SubType | Quadruplex |
| Assoc Fee Paid Per | None |
| County | Johnson,MO |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | Other |
| Garage Y/N | No |
| Status | Pending |
| Directions | From 50 HWY turn south on N State ST,then turn east on US 50 Bus,then turn north on Grant road,the property is located on the east side of Grant road. One vacant lots is located directly to the south |
| City | Knob Noster |
| High School District | Knob Noster |
| NumberOfUnitsTotal | 8 |
| MLS Area | 220 - Johnson County,Mo |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10890 |
| Listing Terms | Cash,Conventional |
| Public Remarks | Investor Opportunity! Two fourplexs plus an acre of developable land in Knobnobster near Whiteman Airforce Base. In this listing are 206 & 208 Grant. Both units recently had new gutters,downspo |
| Standard Status | Pending |
| In Flood Plain | No |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 2 |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Unit Type | 2 Bedroom |
Exterior Features
| Parking Features | Paved |
|---|---|
| Water Source | Public |
| Total Parking | 8 |
| Lot Size Area | 10890 |
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
Property vs Pending Average in 65336
Price
Taxes
Visits
Year Built
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Last Updated: June 26, 2024 9:48 AM UTC
