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Listed by Phillip Fetters • Platinum Realty LLC
$ 315,000
Est. payment /mo
Active
9711 E 18TH ST #S Independence, MO 64052
0.26 Acres Lot
UPDATED:
10/31/2024 05:42 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Harrisons Park
MLS Listing ID 2515303
Originating Board hmls
Year Built 1940
Annual Tax Amount $2,821
Lot Size 0.260 Acres
Acres 0.26
Property Description
Welcome to your next house hacking opportunity! This 4-unit multifamily property is tailor-made for savvy investors looking to live in one unit while renting out the others for passive income. Located in Independence, this property offers a blend of comfort, convenience, and investment potential. With two spacious 2-bedroom units, a cozy 1-bedroom unit, and a convenient studio, there's flexibility to accommodate different living arrangements or rental preferences. Occupy one of the units while renting out the others to offset your mortgage payments and build equity. It's the perfect strategy for those looking to minimize housing expenses and maximize investment returns. Generate steady rental income from three additional units, providing a reliable cash flow stream to supplement your finances or reinvest in the property. The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Plus, each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio.
Location
State MO
County Jackson
Zoning mult-f
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Dishwasher, Refrigerator, Gas Range
Laundry Utility Room
Exterior
Parking Features true
Utilities Available Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Korte
Middle Schools Nowlin
High Schools Van Horn
School District Independence
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA