$450,000
Pending
26 Days Online
0 Beds0 Baths0 SQFT
Pending

1109 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 1109 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, This property is part of a larger package deal that includes 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 and 1107 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 consist of new replacement exterior doors and windows in the building, rebuilt exterior decks and staircase, installed new engineering, truss and roof system shingled with new composite shingles and installation of new gutters. 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 $687 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$3,782
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusPending
  • MLS ID Number2509369
  • Home Size Source N/A
  • Year Built1970
  • Lot Size0.365 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Off Street
  • Parking Spaces 12
  • Number of Stories 3
  • Water Public
  • Property Sub Type Apartment
  • Zoning R-4
  • Sewer City/ Public
  • Parking Total 12

Interior Features

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

Exterior Features

  • Roof Composition
  • Patio And Porch Deck
  • Construction Details Brick & Frame

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.)

$2,261
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