$700,000
8705 E 63rd Trafficway Kansas City, MO 64133
81
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Listed by Steven Soby • KW KANSAS CITY METRO
$700,000
Est. payment /mo
0.63 Acres Lot
Active
8705 E 63rd Trafficway Kansas City, MO 64133
UPDATED:
11/07/2024 04:40 PM
Key Details
Property Type Multi-Family
Sub Type Converted Residence
Listing Status Active
Purchase Type For Sale
Subdivision Blue Ridge Woods
MLS Listing ID 2518737
Originating Board hmls
Annual Tax Amount $964
Lot Size 0.630 Acres
Acres 0.63
Property Description
RARE Like NEW CONSTRUCTION 10 Unit On In KCMO!! No CapEX For YEARS!! As Turnkey As They Come!!
DESCRIPTION:
-Opportunity To Own A Unique Property Ideally Located With ZERO Capital Expenses For YEARS! This Property Has Been Painstakingly Renovated, Starting In 2022 With EVERYTHING Being Replaced! All Plans, Permits, Etc Were Properly Submitted & Approved!
-Each Units Has: Its Own Mini-Split With Heat Pump, Luxury Vinyl Flooring, Full Bathroom, And Small Kitchen Set-up. In Addition, Property Has A New R-13 Fire Suppression System And All Exterior Water Lines Replaced With 4" Lines. The Only Thing Original To The Property Is The Foundation!
-Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Commercial, Or Multi-Family!!
-The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: gas stations, thrift store, Grocery Store, Gym, And Coffee Shop (Map Attached)!
-Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 10!! (Unheard Of For Essentially New Construction)
INVESTMENT CHALLENGES:
-Property Is Unique In It's Layout Perfect For: Sober Living Homes, Group Homes, Vouchers Who Need An Onsite Person, Etc.
-Since It Was Originally A Single Family Home, Each "Unit" Is Essentially A Bedroom With Full Bath, Its Own Mini-Split With Heat Pump & Thermostat, And A Common Area On The Main Floor.
-Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Commercial, Or Multi-Family!!
-The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: grocery store, gym, gas station, thrift store, and coffee Shop (Map Attached)!
-Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 8!!
DESCRIPTION:
-Opportunity To Own A Unique Property Ideally Located With ZERO Capital Expenses For YEARS! This Property Has Been Painstakingly Renovated, Starting In 2022 With EVERYTHING Being Replaced! All Plans, Permits, Etc Were Properly Submitted & Approved!
-Each Units Has: Its Own Mini-Split With Heat Pump, Luxury Vinyl Flooring, Full Bathroom, And Small Kitchen Set-up. In Addition, Property Has A New R-13 Fire Suppression System And All Exterior Water Lines Replaced With 4" Lines. The Only Thing Original To The Property Is The Foundation!
-Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Commercial, Or Multi-Family!!
-The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: gas stations, thrift store, Grocery Store, Gym, And Coffee Shop (Map Attached)!
-Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 10!! (Unheard Of For Essentially New Construction)
INVESTMENT CHALLENGES:
-Property Is Unique In It's Layout Perfect For: Sober Living Homes, Group Homes, Vouchers Who Need An Onsite Person, Etc.
-Since It Was Originally A Single Family Home, Each "Unit" Is Essentially A Bedroom With Full Bath, Its Own Mini-Split With Heat Pump & Thermostat, And A Common Area On The Main Floor.
-Property Sits On 0.63 FLAT Acres In BC3-2 Zoning, Which Allows For FURTHER EXPANSION In Residential, Commercial, Or Multi-Family!!
-The Location Of This Property Is IDEAL For Tenants...Right On A Bus Stop and Sits Right Across From: grocery store, gym, gas station, thrift store, and coffee Shop (Map Attached)!
-Property Can Be Delivered Vacant Or FULLY RENTED At $8000 / Month, Putting This Property At A Solid Cap Rate Of 8!!
Location
State MO
County Jackson
Zoning B3-2
Interior
Heating Heat Pump
Cooling Other
Fireplace N
Appliance Cooktop, Refrigerator
Exterior
Garage false
Utilities Available Master Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Board/Batten
Schools
School District Raytown
Others
Acceptable Financing Cash, Conventional, Lease Purchase, Owner May Carry
Listing Terms Cash, Conventional, Lease Purchase, Owner May Carry
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