Listing Courtesy of: SimmonsSales Team - RE/MAX Area Real Estate
816-630-4000
$1,300,000
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000 Frontier Street Excelsior Springs, MO 64024
Other
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Beds
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Sq. Ft.
1
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Investment Opportunity: Prime Portfolio of Four Duplexes in Central Location - Discover an exceptional investment opportunity with this portfolio of four well-maintained duplexes, strategically located in the heart of town. This collection offers a variety of options for investors looking to grow th...eir portfolio, whether through a package sale or individual unit purchases. Property Highlights: - Three Duplexes: Each unit features two spacious bedrooms and one full bath, complemented by an oversized one-car garage. The properties include sub-basements with conforming egress windows, providing potential for additional living space. Each duplex is also stubbed for plumbing in sub-basement to covert these properties to three bed, two full bath units, allowing for easy customization and expansion. - One Additional Duplex: This unit offers three bedrooms and one and a half baths, also featuring a one-car garage. This versatile layout is ideal for families or those seeking extra space. Currently, these properties are generating a gross annual income of $112,584, making them a lucrative investment for seasoned investors or those looking to enter the rental market. Ideal for Various Buyers: - Investors: Whether you’re looking to acquire the entire portfolio or individual units, this offering provides flexibility to enhance your real estate holdings. - Families: Perfect for those seeking generational housing, these duplexes offer ample space for families while maintaining privacy. - First-Time Homebuyers: Younger homeowners can occupy one side of a duplex while renting out the other, allowing rental income to help cover mortgage payments. Conveniently situated near Excelsior Springs school districts, the Early Child Development Center, Excelsior Springs Community Center and a variety of shopping and dining options, these duplexes not only provide a strong rental history but also a desirable location for tenants.
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MLS#
2518834
Property Type
Other
Lot Size
1
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