Independence, MO 64054,11601 E US Highway 24 HWY
Independence, MO 64054,11601 E US Highway 24 HWY
Independence, MO 64054,11601 E US Highway 24 HWY
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Dylan Van Gerpen

Dylan Van Gerpen

+1(816) 805-8393
Listed by Stephanie Sparks • Platinum Realty LLC
$1,199,000
Est. payment /mo
0.77 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 2597237

Year Built 1940

Annual Tax Amount $3,987

Lot Size 0.769 Acres

Acres 0.76898533

Property Sub-Type Other

Source hmls

Property Description

Strong income-producing rental property with low property taxes and long-term tenants. CAP Rate is at 11.5% at current listing price. Owner is willing to stay on for two months after the sale to help with the transition. Approximately one-third of tenants are voucher holders, eligible for rental increases, providing immediate value-add potential. Stable cash flow with upside opportunity.
Listing agent is part owner. Both sellers are active real estate agents.

Location

State MO

County Jackson

Zoning R-6

Interior

Heating Natural Gas

Cooling Other, Window Unit(s)

Fireplace N

Exterior

Parking Features false

Utilities Available Other

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Board & Batten Siding,Brick/Mortar

Schools

School District Independence

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Heartland MLS KS / Southeast Kansas AOR

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Dylan Van Gerpen

Dylan Van Gerpen

+1(816) 805-8393

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