$375,000/mo

10906 E Truman Road, Independence, MO 64052

  • Property Icon Rental
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon1.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
Lutz Sales + Investments : 913-426-5576
Listing Agent:
Micah Thomas : 913-594-9333
MLS ID:
2574929
  • A/C: Window Unit(s)
  • Heating: Natural GasOther
  • Parking: Off StreetOtherParking spaces: 16
  • Roofing: CompositionOther
  • HOA Amenities: 0.0
  • Originating MLS: hmls
  • School District: Independence
  • County: Jackson
  • Zoning: multi27-110-21-07-00-0-00-000
  • Utilities: Separate Meters
  • Water: Public
  • Sewer: Public Sewer
  • Source: hmls

This listing courtesy of Micah Thomas, Lutz Sales + Investments

Location

Schools Nearby

P

Procter Elementary School

1403 W Linden Ave, Independence, MO, 64052

Grades KG-5

1.12 miles away

D

Day Treatment

600 W Mechanic Ave, Independence, MO, 64050

Grades KG-12

1.55 miles away

V

Van Horn High School

1109 S Arlington Ave, Independence, MO, 64053

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.