204 E Walnut Street, Raymore, MO 64083

$365,000
3
BD
2
BA
1,257
SqFt

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List Price
$365,000
MLS#
2651516
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
1,257
Lot Size
40,946
Acres
0.94
Subdivision
Other

Property Description

Awesome opportunity for 1.36 acres on Raymore's main commercial corridor! This turnkey investment is already producing income, with the potential to make much more! At the front of the property sits a recently remodeled 3 bed 2 bath ranch bungalow that is currently occupied by tenants who have been there for two years and would love to stay more. In the middle of the property we have more tenants who pay for the gravel parking. Currently there are 10 gravel lots, 5 of which are occupied, with interest shown in 2 more. All gravel lots are on a month to month lease and can be vacated by the new owner. Next to the gravel lots are the storage bays: one single and two doubles. All three bays are rented out on a monthly basis as well and can also be vacated. Lastly is the hidden gem of the property. The back lot. This is a .42 acre parcel included with the front property. Not only is this a blank slate for you, it also provides a second entrance. This piece is the under utilized part of the property and holds so many possibilities! More storage bays... a house... a duplex... a place to park equipment for your business... the only limit is your vision! The rare blend of in town acreage, rental income, and untapped potential make this a must have for any portfolio! Properties like this don't come around often, so book your showing with the listing agent before this one slips away!

Additional Information

Year Built
1920
School District
Raymore-Peculiar
Elementary School
Raymore
High School
Raymore-Peculiar
Garage
Yes
Garage Spaces
2
Lot Description
Acreage, Adjoin Greenspace, Many Trees
Basement Description
Crawl Space
Roof
Composition
Central Air
Electric, Heat Pump
Sewer
Public Sewer
Architecture
Craftsman
Construction
Board & Batten Siding, Wood Siding
Water
Public
Cooling
Electric, Heat Pump
Heating
Central Electric, Heat Pump
Taxes
$1,862

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Calculator source: Real Geeks

Listing courtesy of David Sopher of Platinum Realty LLC.

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