11426 & 11428 E 27th ST #S, Independence, MO 64052
11426 & 11428 E 27th ST #S, Independence, MO 64052
11426 & 11428 E 27th ST #S, Independence, MO 64052
11426 & 11428 E 27th ST #S, Independence, MO 64052
11426 & 11428 E 27th ST #S, Independence, MO 64052
11426 & 11428 E 27th ST #S, Independence, MO 64052
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Nichole Graham

Nichole Graham

+1(913) 708-2122
Listed by Debra J Smith • Realty Professionals Heartland
$ 1,500,000
Est. payment | /mo

8,348 Sqft Lot

Save
$ 1,500,000
Est. payment | /mo
Save

8,348 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2638189

Year Built 1972

Annual Tax Amount $15,276

Lot Size 8,348 Sqft

Acres 0.19164371

Property Sub-Type Duplex

Source hmls

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.

Location

State MO

County Jackson

Zoning Res

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Refrigerator, Free-Standing Electric Oven

Laundry In Basement

Exterior

Parking Features true

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District Independence

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Heartland MLS KS / Southeast Kansas AOR
Nichole Graham

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(913) 708-2122

nichole@teamgrahamkc.com

233 E Main St, Gardner, Kansas, United States

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11426 & 11428 E 27th ST #S