127 days HUD Home Back

About

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.

General Information

0 beds
0 Sq Ft
MultiFamily
1962
Active
0 baths
0.43 Sq Ft Lot
2
9 spaces
127 Days on Market

Listing Details

Apartment Building - Grandview, MO
HMLSKS
Heartland Multiple Listing Service
2468519
RE/MAX Legacy (Broker)
ListHub
RE/MAX Legacy
(816) 994-9901
Sally Burns
sallyjoburns1@gmail.com
(816) 694-2951
(816) 994-9900
3yd-HMLSKS-SALLYB

RE/MAX LEGACY
(816) 994-9900
Copyright © 2024 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Features

  • Attic
  • Barbecue Area
  • Basement
  • Deck
  • Disabled Access
  • DBL Pane Windows
  • Fireplace
  • Gated Entry
  • Greenhouse
  • Hot Tub Spa
  • Pool
  • RV Parking
  • Sauna
  • Security System
  • Sprinkler System
  • Vaulted Ceiling
  • Wet Bar
  • Heating Systems
  • New Construction
  • Waterfront
  • Parking: Off Street, Paved or Surfaced

Nearby Schools

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