129 E College Street, Independence, MO 64050

$750,000

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List Price
$750,000
MLS#
2649525
Status
ACTIVE
Type
Multifamily
Lot Size
9,583
Acres
0.22
Subdivision
Johnsons 1st Addition

Property Description

EXCELLENT TURNKEY INVESTMENT OPPORTUNITY! An outstanding opportunity to add a well-maintained, income-producing multifamily property to your investment portfolio! Conveniently located just north of the historic Independence Square and west of Noland Road, this attractive 7-unit apartment building offers a desirable combination of location, condition, and rental appeal. Pride of ownership is evident throughout this meticulously maintained property, with the majority of the apartments having been freshly updated. Each of the seven units features a functional and desirable one-bedroom, one-bathroom floor plan, offering comfortable living spaces that are easy to market and rent. The seller has made numerous significant improvements, including replacement windows throughout, many updated HVAC systems, and gutters, providing added value and peace of mind for the next owner. Tenants enjoy the convenience of an on-site shared laundry facility, along with individual storage closets for each apartment. An additional utility room, complete with tools and a convenient half bath, provides practical space for property maintenance and management. Well-maintained, thoughtfully improved, and ideally situated in an established rental market, this property presents an exceptional opportunity for investors seeking a manageable multifamily property with long-term income potential.

Additional Information

Year Built
1979
School District
Independence
Elementary School
Bryant
Middle School
Bingham
High School
William Chrisman
Roof
Composition
Central Air
Electric
Sewer
Public Sewer
Construction
Brick
Water
Public
Cooling
Electric
Heating
Forced Air
Taxes
$4,023

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Listing courtesy of Don Roberts of ReeceNichols - Lees Summit.

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