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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2493174
Sold Date 01/02/25
Originating Board hmls
Year Built 1955
Annual Tax Amount $5,200
Lot Size 0.440 Acres
Acres 0.43999082
Property Description
MAJOR PRICE REDUCTION - see updated financials and updated projected business plan. 9 unit apartment building all under one roof. 8 2BR and 1 Studio. 5 units are large 2 story apartments. LOTS of upgrades - LVP flooring, vanities, counters, washer and dryer in EACH unit. NEW ROOF, many new AC, furnace, water heaters and more. See cap ex schedule. Great in place rents with ability to grow (see rent study). All units have their own exterior entrance which gives them privacy and a sense of ownership - these tenants tend to stay longer.
Exceptionally low owner expenses. Separately metered water, gas, and electric for all units (other than studio). See profit and loss statement for low owner expenses. Class A sub-market of Kansas City in Liberty, MO. Amazing access for tenants to go anywhere in the metro, take advantage of great school system and all that Liberty and KC has to offer.
Location
State MO
County Clay
Zoning multi
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame
Schools
School District Liberty
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Dennis Prussman
Owner, Realtor, Auctioneer | License ID: 2010040934
Owner, Realtor, Auctioneer License ID: 2010040934