$409,000
$409,000
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0.25 Acres Lot
SOLD DATE : 03/04/2024
Key Details
Sold Price $409,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Raytown Beach View
MLS Listing ID 2460570
Sold Date 03/04/24
Year Built 1985
Lot Size 0.252 Acres
Acres 0.25167584
Property Description
9200 E. 54th Terrace is a 6-unit building located on the corner of a cul-de-sac in Raytown, Missouri. Built in 1985, the property dwells in a neighborhood of rental properties and provides tenants 8 off-street parking spaces at the front of the building. The property stands 2.5-stories with vinyl siding/windows with a pitched composition shingle roof on a large lot. The building is separately metered for gas, electric and water (tenants responsible for all utilities) and units have front & rear access (keycode entry). 5 of the 6 HVAC/furnace systems have been replaced at the building. The All units at the property are two-bedroom, one-bathroom units with an approximate unit size of 800 square-feet (+/-). The current owner of the property, Every Child’s Hope, operates as a private, non-profit equal housing provider. The goal being to provide increased opportunities for housing and support services for people who have limited resources (operating as tax-exempt property). All units feature central air/heat, washer/dryer in units, excellent closet/storage space, fully equipped eat-in kitchens and individual mechanical rooms. Basement unit’s floors are epoxy while the above-grade units are predominantly carpet and LVT. Due to a city water issue that has since been corrected, the basement units are out of service and sheetrock has been pulled on the lower parts of the walls for cleanout. 9200 E. 54th has excellent commuter accessibility to highways/interstates and nearby shops/restaurants. The building backing to the property, 9201 E. 54th Street (MLS: 2640574), is also available for sale providing opportunity for new ownership to take advantages of the synergies of owning adjacent properties. The building will be delivered vacant at closing.
Location
State MO
County Jackson
Zoning APT
Rooms
Basement false
Interior
Heating Electric, Forced Air
Cooling Electric
Fireplace N
Exterior
Garage false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame,Vinyl Siding
Schools
School District Raytown
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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