$900,000
Pending
3 Days Online
0 Beds0 Baths0 SQFT
Pending

1009 Frontier Street Excelsior Springs, MO 64024

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Investment Opportunity: Multifamily Package Deal! Don’t miss out on this exceptional commercial multifamily opportunity located at 1009–1011 Frontier Street, featuring a total of 12 units comprised of 6 spacious 2-bedroom, 1.5-bath units and 6 generous 3-bedroom, 1.5-bath units. This property is part of a larger package deal that includes 1107 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, and 1109 Frontier Street, another six-unit property with 2-bedroom, 1-bath units, totaling 24 units available for sale. This is a prime chance to expand your portfolio and capitalize on a well-maintained multifamily investment. Recent improvements at 1009–1011 Frontier Street include: - Replacement of all 12 exterior doors - Installation of 68 new windows - Rebuilt exterior decks and staircases - New metal siding and gutters - Replacement of concrete sidewalks and patios Each unit is equipped with refrigerators and electric ranges, and the property boasts independent 100 amp services for each unit, ensuring separate gas and electric meters. A coin-operated common laundry area provides additional income potential, while water and sewer are the only utilities included. Current rental rates range from $687 to $717 per unit, offering a solid return on investment. Explore the potential of expanding your real estate operation with this outstanding opportunity. Act now to secure your future in the multifamily market!

  • Property TypeCondo
  • NeighborhoodWestwood Hills
  • CountyClay
  • Taxes$5,497
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusPending
  • MLS ID Number2509359
  • Home Size Source N/A
  • Year Built1969
  • Lot Size0.614 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Metal Siding
  • Parking Off Street
  • Parking Spaces 30
  • Number of Stories 3
  • Water Public
  • Property Sub Type Apartment
  • Zoning R-4
  • Sewer City/ Public
  • Parking Total 30

Interior Features

  • Cooling Electric
  • Heating Forced Air
  • Appliances RefrigeratorBuilt- In Electric Oven
  • Laundry Features Central Laundry

Exterior Features

  • Roof Other
  • Patio And Porch Deck
  • Construction Details Brick & FrameMetal Siding

Community Features

  • Association Dues 0
  • MLS Area 107 - East of I-35 & South of Hwy 92

Schools

School District
Excelsior Springs
Elementary School
Cornerstone
Middle School
Excelsior Springs
High School
Excelsior

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Monthly Payment (Est.)

$4,354
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