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Listed by Michelle Lutz • Lutz Sales + Investments
$ 750,000
Est. payment /mo
Active
904 E T C Lea RD Independence, MO 64050
0.37 Acres Lot
UPDATED:
01/18/2025 09:23 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Fairplay
MLS Listing ID 2525179
Originating Board hmls
Year Built 1950
Annual Tax Amount $6,126
Lot Size 0.365 Acres
Acres 0.36512855
Property Description
Fantastic investment opportunity with these back-to-back 5-unit buildings in Independence, Missouri. All ten units are two bedroom and one bathroom and there is ample on-site parking.
Strategically located near Highway 24, these buildings provide easy access to the KC metro while being just blocks away from the vibrant heart of downtown Independence, where a variety of restaurants, parks, coffee shops, and more await.
There is an opportunity to increase cash flow and property value by adding coin-op laundry at the hook ups in each basement and doing a cosmetic refresh to each unit as tenants turn over to achieve market rents.
Don't miss out on this special opportunity to own two assets in a growing area!
Strategically located near Highway 24, these buildings provide easy access to the KC metro while being just blocks away from the vibrant heart of downtown Independence, where a variety of restaurants, parks, coffee shops, and more await.
There is an opportunity to increase cash flow and property value by adding coin-op laundry at the hook ups in each basement and doing a cosmetic refresh to each unit as tenants turn over to achieve market rents.
Don't miss out on this special opportunity to own two assets in a growing area!
Location
State MO
County Jackson
Zoning R-30
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick Veneer,Frame
Schools
Elementary Schools Thomas Hart Benton
High Schools William Chrisman
School District Independence
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
