Listed By:
RE/MAX LEGACY
Address
13411 5th Street, Grandview, MO
Price
$ 719,000
Property Attributes
  • MLS#2468519
  • TypeMulti-Family
  • CountyJACKSON
  • CityGrandview
  • Area203 - South K.C. Mo-Grandview Area
  • NeighborhoodChetwood Heights
  • Zip64030
  • Style
  • Year Built1962
  • Taxes$ 5187
  • Price$ 719,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.426423 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Don't miss out on this turn-key building located in Grandview, MO! (9) 1-bedroom units in the growing south suburb of Grandview. 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. 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 new 2024 fair market rent at $1,098 for 1 bedroom properties. 1 unit is currently vacant and 2 units are affordable rate tenants. There is 1 basement unit. Priced at $79,890 per unit. Don't miss your chance to own a profitable income-producing asset. Contact us today to schedule a viewing.

Price History
1/9/2024 Listed $719,000

General Features

Sewer City/Public
Heating Electric,Forced Air
Cooling Electric,Window Unit(s)
Utilities Ind Heat And Air,Ind Water Heaters,Separate Meters
Possession Funding
Roof Composition
Appliances Refrigerator,Built-In Electric Oven
Zoning Multi
Construction Materials Shingle/Shake
Year Built 1962
Property SubType Apartment
County Jackson
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Chetwood Heights
Garage Y/N No
Status Active
Directions Drive from I-435 S and I-49 S to Grandview. Take exit 178 from I-49 S Take E 135th St to 5th St 13411 5th St Grandview,MO 64030
City Grandview
High School District Grandview
Total Units 9
MLS Area 203 - South K.C. Mo/Grandview Area
Lot Size Square Feet 18575
Street Name 5th
Listing Terms Cash,Conventional,FHA,Private,VA Loan
Public Remarks Don't miss out on this turn-key building located in Grandview,MO! (9) 1-bedroom units in the growing south suburb of Grandview. This is a terrific property to add to your investment portfolio. Sit
Virtual Tour https://my.matterport.com/show/?m=cgHC6L4tkiv
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Street Suffix Street
Unit Type 1 Bedroom

Exterior Features

Parking Features Off Street,Paved
Water Source Public
Total Parking 9
Lot Size Area 18575
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 64030

Price
AVG $640K
$720K
Taxes
AVG $4,592
$5,187
Visits
AVG 104
139
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1962

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