13411 5th Grandview, MO 64030, Grandview home/condo for sale | MFRHMS2517568

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Property Description

Opportunity to acquire a fully occupied, 9-unit building in the south KC suburb of Grandview priced under $79k per unit. This is a terrific property to add to your investment portfolio. Sitting on a spacious 18,575 sq/ft lot, this building offers 9 dedicated parking spaces, and separately metered utilities - including gas, electric, and water. Common laundry is located in the expansive lover level which has space for tenant storage. Recent capital expenditures include new furnaces and hot water heaters in 2020, along with cosmetic updates in most units. Many of the leases are currently below market rent, providing buyer with a great opportunity to increase rental rates and maximize returns with minimal capital expenditure. This would be a great property for HUD tenants with 2024 fair market rent of $1,098 for 1 bedroom units. See supplements for details.

House located at 13411 5th Grandview, MO 64030. The property was built in 1962. 13411 5th Grandview, MO 64030 is in the Grandview Area neighborhood. Grandview Area, 208 - Cass County, Mo, and 999 - Other Missouri Area are nearby neighbourhoods.

Agent Contact: Sally Burns Phone:
Listing Courtesy of: RE/MAX LEGACY
Source: HeartlandMLS , MLS#: MFRHMS2517568

Property Description

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