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Listed by SimmonsSales Team • RE/MAX Area Real Estate
$ 450,000
Est. payment /mo
Pending
1107 Frontier ST Excelsior Springs, MO 64024
0.27 Acres Lot
UPDATED:
09/24/2024 08:19 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Westwood Hills
MLS Listing ID 2509365
Originating Board hmls
Year Built 1970
Annual Tax Amount $3,782
Lot Size 0.273 Acres
Acres 0.27337006
Property Description
**Investment Opportunity: Multifamily Package Deal!** Don?t miss out on this exceptional commercial multifamily opportunity located at 1107 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, This property is part of a larger package deal that includes 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 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 consist of new replacement exterior doors and windows in the building, rebuilt exterior decks and staircase, installed new engineering, truss and roof system shingled with new composite shingles and installation of new gutters. 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 $687 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
Fireplace N
Appliance Refrigerator, Built-In Electric Oven
Laundry Central Laundry
Exterior
Garage false
Utilities Available Multi-Unit Heat/Air
Roof Type Composition
Parking Type Off Street
Building
Story 3
Sewer City/Public
Water Public
Structure Type Brick & Frame
Schools
School District Excelsior Springs
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional