Active
9613 E Truman Road
Independence MO, 64052
$1,345,000
Active
Condos
Built in 1967
Prime 14-Unit Multi-Family Property in Kansas City
Discover a fantastic investment opportunity in a highly desirable location just minutes from major highways and a short distance from the iconic sports Stadiums. This property is ideally situated for easy access to local attractions, shopping, and dining.
Property Overview:
- Units: 14 multi-family units comprising 2-bedroom, 1-bedroom, and studio apartments.
- Building Type: All brick exterior ensuring durability and low maintenance.
Key Features:
- Low Vacancy Rates: Strong rental demand in the area.
- Major Capital Improvements:
- New roof installed on both east and west wings in 2019.
- Eight new high-efficiency furnaces and meters added for improved energy management.
- New gutters and front soffits installed in 2021.
- Eight of the two-bedroom apartments upgraded with new central AC units in 2024.
- Future Improvements: Planned renovations in the north and south wings scheduled for Spring 2025, offering potential for increased rental income and property value.
Additional Revenue Opportunities:
- Potential for additional income through service fees and parking fees, maximizing revenue streams.
Opportunity Zone:
- Located in Opportunity Zone ID: 29095011800, presenting tax benefits and incentives for investors.
Investment Highlights:
This property not only offers a stable income stream but also holds immense potential for growth and appreciation in a thriving market. With its strategic location near major sports venues and recent upgrades, this multi-family property is an excellent addition to any investment portfolio.
2520696
MLSⓇ ID
November 20, 2024
Listed
January 22, 2025
Updated
Map
9613 E Truman Road
Independence MO, 64052
Interior Features
Total Stories
2
Interior Features
Central Storage
Appliances
Refrigerator, Built-In Electric Oven
Laundry Description
Central Laundry, Inside
Fireplace
No
Cooling
No
Cooling Description
Electric, Window Unit(s)
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.3 Acres
Roof
Composition
Sewer
City/Public
School Information
School District
Independence
High School
Van Horn
Elementary School
Abraham Mallinson
Other Property Details
Area Name
206 - Independence Area
Garage
No
Parking
Assigned, Detached, Off Street, Paved
Parking Total
17
View
No
County
Jackson
Water Source
Public
Pool
No
Zoning
Res
Courtesy of Keller Williams Southland, Rustalyn York,
Listing Contact: 816-266-6860
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Data last updated: 1/22/2025, 5:38 PM UTC