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2115-2125 31st Street

Kansas City, MO 64109
  • $398,888
  • STATUS: Active
  • ON SITE: 130 Days
  • ID#: 2472289
UPDATED: 169 min ago
$398,888
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial spaces. Whether it's a business owner looking to run their own business and earn some cash flow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless. Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return!

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and True KC | ReeceNichos do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-06-18T23:45:07.037.

Based on information submitted to the MLS GRID as of 2024-06-18T23:45:07.037 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.truekcsells.com/homes/147453644
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2115-2125 31st Street Kansas City, MO 64109

  • Price: $398,888
  • Status: Active
  • On Site: 130 Days
  • Updated: 169 min ago
  • ID#: 2472289
0
Beds
0
Baths
0
½ Baths
0.72
Acres
Neighborhood:
202 - Kansas City Area (So. Of River)
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
Property Description
Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial spaces. Whether it's a business owner looking to run their own business and earn some cash flow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless. Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return!
Exterior Features

Number Of Docks 0 Number Of Drive In Doors 0 Parking Features LeasedSee Remarks Road Frontage Type City Street

Interior Features

Interior Features Living QuartersPrivate RestroomPublic Restroom

Property Features

Age Description 101 Years/More Business Type Other Current Use AutomotiveBeauty ShopOther Inside City Limits Yes Leased YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalOther Location Features Corner LotStrip Center Maintenance Provided YN No Occupancy Description Tenant To ContinueVacant Property Sub Type Retail Sale Includes Real Estate Tax Total Amount 4500 Transaction Type Sale Utilities Service - 220v Zoning Retail

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Aristocrat Realty.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and True KC | ReeceNichos do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-06-18T23:45:07.037.

Based on information submitted to the MLS GRID as of 2024-06-18T23:45:07.037 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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