13411 5th Street

Grandview, MO 64030

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.

This is an Active listing.

Broker Office Phone Number: 816-994-9900

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