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Listed by Micah Thomas • Standard Real Estate

$340,000

Est. payment - /mo

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1.3 Acres Lot

New

10906 E Truman RD Independence, MO 64052

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Hannah Murrell

hannahmurrell@kw.com +1(913) 617-8335

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2597930

Year Built 1930

Annual Tax Amount $6,697

Lot Size 1.300 Acres

Acres 1.3

Property Sub-Type Apartment

Source hmls

Property Description

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.

Location

State MO

County Jackson

Zoning multi

Interior

Heating Natural Gas, Other

Cooling Window Unit(s)

Fireplace N

Exterior

Parking Features false

Utilities Available Separate Meters

Roof Type Composition,Other

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Other,Wood Siding

Schools

School District Independence

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 19

8

John W. Luff Elementary School

Public | PK - 5
6

Santa Fe Trail Elementary School

Public | PK - 5
6

Bryant Elementary School

Public | PK - 5
5

Fairmount Elementary School

Public | PK - 5
5

Korte Elementary School

Public | PK - 5
5

Ott Elementary School

Public | PK - 5
4

Procter Elementary School

Public | PK - 5
4

Thomas Hart Benton Elementary School

Public | PK - 5
3

Pitcher Elementary School

Public | PK - 6
3

Three Trails Elementary School

Public | PK - 5
3

Abraham Mallinson Elementary School

Public | 2 - 5
3

Mill Creek Elementary School

Public | PK - 5
0

Nativity of Mary School

Private | PK - 8
0

Nova Center

Private | 1 - 12
0

Sugar Creek Elementary School

Public | PK - 1
0

Family Christian Academy

Private | 2 - 12
0

Center Place Restoration School

Private | KG - 12
0

Day Treatment

Public | KG - 12
0

Messiah Lutheran School

Private | PK - 8

Middle Schools 1

1

Clifford H. Nowlin Middle School

Public | 6 - 8

High Schools 4

6

Truman High School

Public | 9 - 12
4

Van Horn High School

Public | 9 - 12
4

William Chrisman High School

Public | 9 - 12
0

Independence Academy

Public | 9 - 12

School and business data provided by Attom Data.

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Hannah Murrell

Agent

+1(913) 617-8335