1009-1011 Frontier ST Pending

Excelsior Springs,MO 64024

$ 1800000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Package of Properties

Listing Status Pending

Purchase Type For Sale

Subdivision Westwood Hills

MLS Listing ID 2511973

Year Built 1969

Annual Tax Amount $5,497

Lot Size 0.614 Acres

Property Description

Investment Opportunity: Multifamily Package Deal! Don?t miss out on this exceptional commercial multifamily opportunity located at 1009?1011 Frontier Street, featuring a total of 12 units comprised of 6 spacious 2-bedroom, 1.5-bath units and 6 generous 3-bedroom, 1.5-bath units. This property is part of a larger package deal that includes 1107 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, and 1109 Frontier Street, another six-unit property with 2-bedroom, 1-bath units, totaling 24 units available for sale. This is a prime chance to expand your portfolio and capitalize on a well-maintained multifamily investment. Recent improvements at 1009?1011 Frontier Street include: - Replacement of all 12 exterior doors - Installation of 68 new windows - Rebuilt exterior decks and staircases - New metal siding and gutters - Replacement of concrete sidewalks and patios Each unit is equipped with refrigerators and electric ranges, and the property boasts independent 100 amp services for each unit, ensuring separate gas and electric meters. A coin-operated common laundry area provides additional income potential, while water and sewer are the only utilities included. Current rental rates range from $687 to $717 per unit, offering a solid return on investment. Explore the potential of expanding your real estate operation with this outstanding opportunity. Act now to secure your future in the multifamily market!

Location

State MO

County Clay

Zoning R-4

Interior

Heating Forced Air

Cooling Electric

Laundry Central Laundry

Exterior

Garage false

Utilities Available Multi-Unit Heat/Air

Roof Type Other

Building

Story 3

Sewer City/Public

Water Public

Structure Type Brick & Frame,Metal Siding

Schools

Elementary Schools Cornerstone

Middle Schools Excelsior Springs

High Schools Excelsior

School District Excelsior Springs

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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