855.375.4001
Listing Courtesy of: Rustalyn York - Keller Williams Southland 816-266-6860
$1,345,000 affordable loan icon Calculate Payment

9613 E Truman Road Independence, MO 64052

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Last updated on 12/4/2024 7:17 PM
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. Continue reading
MLS#
2520696
Property Type
Apartment
Year Built
1967
Lot Size
0.3

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Listing Courtesy of: Rustalyn York - Keller Williams Southland 816-266-6860
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


Listings courtesy of Heartland MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/4/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (Heartland MLS). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and this broker 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 non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. Heartland MLS Terms of Use
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