000 Frontier Street, Excelsior Springs, MO 64024

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$1,300,000
 est. $6,058/mo

Investment Opportunity: Prime Portfolio of Four Duplexes in Central Location - Discover an exceptional investment opportunity with this portfolio of four well-maintained duplexes, strategically located in the heart of town. This collection offers a variety of options for investors looking to grow their portfolio, whether through a package sale or individual unit purchases. Property Highlights: - Three Duplexes: Each unit features two spacious bedrooms and one full bath, complemented by an oversized one-car garage. The properties include sub-basements with conforming egress windows, providing potential for additional living space. Each duplex is also stubbed for plumbing in sub-basement to covert these properties to three bed, two full bath units, allowing for easy customization and expansion. - One Additional Duplex: This unit offers three bedrooms and one and a half baths, also featuring a one-car garage. This versatile layout is ideal for families or those seeking extra space. Currently, these properties are generating a gross annual income of $112,584, making them a lucrative investment for seasoned investors or those looking to enter the rental market. Ideal for Various Buyers: - Investors: Whether you’re looking to acquire the entire portfolio or individual units, this offering provides flexibility to enhance your real estate holdings. - Families: Perfect for those seeking generational housing, these duplexes offer ample space for families while maintaining privacy. - First-Time Homebuyers: Younger homeowners can occupy one side of a duplex while renting out the other, allowing rental income to help cover mortgage payments. Conveniently situated near Excelsior Springs school districts, the Early Child Development Center, Excelsior Springs Community Center and a variety of shopping and dining options, these duplexes not only provide a strong rental history but also a desirable location for tenants.

Directions
69 HWY North Through Excelsior Springs TO Wornall Rd, At Intersection Go Right/East On Wornall Rd To N Jesse James Rd, Go Left/North On N Jesse James Rd To Garden Lane, Go Left/West On Garden Lane To Frontier St, Go Right/North On Frontier To Property On Your Right
Subdivision
Westwood Hills
City
Excelsior Springs
County
Clay
Property Type
Residential Income / Package of Properties
Listing Updated
Nov 26, 2024 at 3:11pm
MLS Number
2518834
Property Tax
$14,132
Zoning
$R-4
Home Owners Association
No
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
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