9613 E Truman Road

Independence, MO 64052

Prime 14-Unit Multi-Family Property in Kansas City Discover a fantastic investment opportunity in a highly desirable location just minutes from major highways and a short distance from the iconic sports Stadiums. This property is ideally situated for easy access to local attractions, shopping, and dining. Property Overview: - Units: 14 multi-family units comprising 2-bedroom, 1-bedroom, and studio apartments. - Building Type: All brick exterior ensuring durability and low maintenance. Key Features: - Low Vacancy Rates: Strong rental demand in the area. - Major Capital Improvements: - New roof installed on both east and west wings in 2019. - Eight new high-efficiency furnaces and meters added for improved energy management. - New gutters and front soffits installed in 2021. - Eight of the two-bedroom apartments upgraded with new central AC units in 2024. - Future Improvements: Planned renovations in the north and south wings scheduled for Spring 2025, offering potential for increased rental income and property value. Additional Revenue Opportunities: - Potential for additional income through service fees and parking fees, maximizing revenue streams. Zoning: - Zoned as C2 (Commercial), providing flexibility for future development or enhancement of services. Opportunity Zone: - Located in Opportunity Zone ID: 29095011800, presenting tax benefits and incentives for investors. Investment Highlights: This property not only offers a stable income stream but also holds immense potential for growth and appreciation in a thriving market. With its strategic location near major sports venues and recent upgrades, this multi-family property is an excellent addition to any investment portfolio.

This is an Active listing.

Broker Office Phone Number: 816-331-2323

Copyright © 2024Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.