Great opportunity with this unique 10 unit property! Easy potential for more than $7k / mo in rent. 5 units under one roof and 5 more between 3 cottages and an up / down duplex. 1.3 acres in a high visibility area of Independence - just west of the intersection at Truman Rd. and Sterling Ave. Several long term tenants (10+ yrs for one!) including one who is willing to do maintenance and upkeep. Newer rolled roof on the 5 unit building. New structural and plumbing improvements to the 5 unit building as well. Separate electric meters for tenant paid utilities. Owner pays water. Plenty of off street parking and yard space for tenants to enjoy. Rents listed in financials are projected. Currently 7 of the 10 units are vacant due to owner discretion and being prepped for sale. The duplex also requires city permitting for the rebuild of the upper unit and comes with $25k credit from the city upon completion. This is an outstanding deal for any investor seeking forced appreciation by improving the property, while still enjoying steady income from the 3 cottages rented to long term tenants.
Listed By
Agency Name: Standard Real Estate
Agency Phone: (913) 222-2933
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
10906 E Truman Road | MLS# 2597930
This multi-family property located at 10906 E Truman Road, Independence, MO 64052 is currently listed for sale with an asking price of call for price. E Truman Road is located within the Independence school district. Search Independence real estate on wmartin.trophypa.com today.