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  • Kitchen
  • Bedroom
  • Bath
  • Other
  • Entry Way
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11426 E 11428 E 27th St, Independence, MO 64052

  • $1,500,000

  • bed

  • bath

Multi-family for sale 2 hours
Movoto is helping 29 homebuyers near you

About 11426 E 11428 E 27th St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 8,348 Sqft
Movoto estimate
Rental estimate
Property description
Rare opportunity to acquire 6 contiguous duplexes totaling 12 rental units, offered together as one investment package in Independence, MO. Four duplexes are located along S Norwood Ave with two continuing along E 27th St S, creating a concentrated footprint for convenient management and maintenance. Each unit features 2 bedrooms, 1 bath, a private 1-car garage, finished basement area and laundry hookups. Tenants provide their own washer and dryer, pay their own utilities and maintain their individual lawns. 11 units are currently occupied with 1 vacancy. Several residents are long-term tenants, reflecting the current owner's emphasis on tenant retention and stable occupancy. As a result, some in-place rents are below current projected market levels, creating potential rental upside as leases turn over or are adjusted over time. Current occupied rents total $11,405/month, with projected rents of $1,300 per unit. Convenient access to I-70, I-435 and US-40, with Historic Independence Square, Truman attractions, GEHA Field at Arrowhead Stadium and Kauffman Stadium nearby. Downtown Kansas City and its employment, dining and entertainment destinations are also easily accessible. A unique opportunity to acquire 12 units in one contiguous location with established income, long-term tenancy and future rental upside. Package sale only; properties are not offered individually. Buyer to independently verify all financial information, rents, expenses, Measurements and property details.
Listed by
Listing Agent - Debra J Smith
Listing Office - Realty Professionals Heartland
Source: Heartland MLS mls logo
MLS#2638189 • last updated 1 hour ago
Movoto checked Heartland MLS for data 21 minutes ago
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Overview
Cooling/AC Electric
Heating Forced Air
Levels/Style 1
MLS # 2638189
Type Residential Income
SubType Duplex
Status Active
Lot Size (SqFt) 8348
Total Tax $ Amount 15276
Year Built 1972
HOA Fee $ None, 0
Interior
Laundry In Basement
Appliances Refrigerator, Free-Standing Electric Oven
Exterior
Construction Frame
Parking Desc Garage, On Street
Roof Composition
Patio/ Porch Porch
Amenities / Utilities
Sewer/ Septic Public Sewer
Utilities Ind Heat And Air, Ind Water Heaters, Separate Meters
Water Source Public
Location
Area 206 - Independence Area
County Jackson
Subdivision Other
High School District Independence
Zoning Res
Directions Located At The Corner Of Norwood & 27th St S, From The Northwest Corner There Are 4 Duplexes Heading North On Norwood And There Are 2 Duplexes Heading West On 27th St S.
Apn 26-430-17-02-00-0-00-000
Multifamily Details
Total # Of Units 12
Lot/ Land Details
Lot Size 8348
Road Responsibility Public Maintenance
Road Surface Paved
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