Listed By
Agency Name: Legendary Apartment Brokers
Agency Phone: 816-591-0825
Shown By
Agency Title: Kansas City Real Estate, Inc.
Agency Phone: (816) 246-7700
This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools, tree-lined streets, and easy access to 350 Hwy, Kansas City, Independence, Lees Summit, Blue Springs, shopping, restaurants, jobs, and daily conveniences. Each tenant has a private exterior entry, creating a true home feel, and the property offers plenty of off-street parking, washer/dryer hookups inside every unit, central heating and cooling, and separate gas, electric, and water/sewer meters for each unit. This is truly a pretty dang easy-to-understand investment property: tenants pay water/sewer, electric, and gas, with the owner currently responsible only for trash and lawn. A future owner may also have the ability to bill back certain expenses with new leases, depending on their management strategy. Significant improvements have already been completed, including updated paint schemes, many new windows, sewer replacement, foundation improvements, attic insulation to R-49, newer mechanicals in select units, and more. One duplex also includes attached garages for each side. All four duplexes are on separate parcels, creating an excellent long-term exit strategy for a future owner. Great in-place rents with room to grow, very low regular owner expenses, substantial CapEx already invested, and a quiet cul-de-sac setting make this a compelling Raytown multifamily opportunity.
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5941 Raytown Road | MLS# 2627261
This multi-family property located at 5941 Raytown Road, Raytown, MO 64133 is currently listed for sale with an asking price of call for price. Raytown Road is located within the Raytown school district. Search Raytown real estate on www.kansascityrealestate.com today.