13411 5th Street

Grandview, MO 64030

$719,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss out on this turn-key building located in Grandview, MO! (9) 1-bedroom units in the growing south suburb of Grandview. This is a terrific property to add to your investment portfolio. Sitting on a spacious 18,575 sq/ft lot, this building offers 9 dedicated parking spaces, and separately metered utilities - including gas, electric, and water. Recent capital expenditures include new furnaces and hot water heaters in 2020, along with cosmetic updates in most units. Many of the leases are currently...Don't miss out on this turn-key building located in Grandview, MO! (9) 1-bedroom units in the growing south suburb of Grandview. This is a terrific property to add to your investment portfolio. Sitting on a spacious 18,575 sq/ft lot, this building offers 9 dedicated parking spaces, and separately metered utilities - including gas, electric, and water. Recent capital expenditures include new furnaces and hot water heaters in 2020, along with cosmetic updates in most units. Many of the leases are currently below market rent, providing buyer with a great opportunity to increase rental rates and maximize returns with minimal capital expenditure. This would be a great property for HUD tenants with new 2024 fair market rent at $1,098 for 1 bedroom properties. 1 unit is currently vacant and 2 units are affordable rate tenants. There is 1 basement unit. Priced at $79,890 per unit. Don't miss your chance to own a profitable income-producing asset. Contact us today to schedule a viewing.
  1. Listed by Sally Burns • RE/MAX LEGACY • 816-694-2951

Property Details for 13411 5th Street

Zoning
Multi

Location

Listing Courtesy of RE/MAX LEGACY
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LISTING UPDATED: 01/18/2024 02:18 PM

Property Details for 13411 5th Street

StatusActive
MLS #2468519
Days on Market110
Taxes$5,187 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1962
CountyJackson County

Location

Listing Courtesy of RE/MAX LEGACY
Add your commute

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Building Information for 13411 5th Street

Building/Complex13411 5th StFloor-Stories2Residences9Pet Policy-Year Built1962Building Size-

Payment Calculator

$4,356 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,924

Property Taxes

$432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13411 5th Street

Summary
Location and General Information
  • City: Grandview
  • County Or Parish: Jackson
  • Directions: Drive from I-435 S and I-49 S to Grandview. Take exit 178 from I-49 S Take E 135th St to 5th St 13411 5th St Grandview, MO 64030
  • Inside City Limits: Yes
  • Latitude: 38.881464
  • Longitude: -94.539702
  • MLS Area Major: 203 - South K.C. Mo/Grandview Area
  • Postal Code: 64030
  • State Or Province: MO
  • Subdivision Name: Chetwood Heights
Taxes and HOA Information
  • HOA Fee: $.00
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $5,187.00
  • Parcel Number: 67-220-21-15-00-0-00-000
  • Tax Annual Amount: $5,187.00
School Information
  • High School District: Grandview
Parking
  • Garage: No
  • Parking Features: Off Street, Paved
  • Parking Total: 9.0
Virtual Tour
Property
Lot Information
  • Building Area Total: 4160.0
  • Lot Size Area: 18,575.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 18,575.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Shingle/Shake
  • Documents Available: Lease Agreements
  • Documents Count: 6
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: CHETWOOD HEIGHTS N 100 FT OF LOT 2
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 14
  • Year Built: 1962
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Optional
  • Possession: Funding
  • Roof: Composition
Interior Features
  • Appliances: Refrigerator, Built-In Electric Oven
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 1 Bedroom
  • Cooling: Electric, Window Unit(s)
  • Central Air YN: Yes
  • Heating: Electric, Forced Air
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Gross Income: $72,288.00
  • Maintenance Provided YN: 0
  • Operating Expense: $.00
  • Operating Expense Includes: Maintenance, Property Mgmt, Real Estate Tax
Unit 1
  • Unit Type Unit Equipment: Range/Oven,Refrigerator
  • Unit Type Unit Rent Includes: Lawn Maintenance,Parking
  • Unit Type Unit SQFT: 500
  • Unit Type Baths Total: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 9
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Platinum Title
  • Existing Lease Terms: None

Property History for 13411 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 13411 5th Street

This home is within Grandview C-4 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Butcher-Greene Elementary School
PublicPK to 5

Grandview Middle School
Public6 to 8

Grandview Sr. High School
Public9 to 12

Grandview Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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13411 5th Street is a multi-family home for sale in Grandview, MO 64030. This property was listed for sale on January 9, 2024 by RE/MAX LEGACY, it's currently listed at $719,000. This listing's school district is Grandview C-4 School District. Nearby schools include Butcher-Greene Elementary School, Grandview Middle School and Grandview Sr. High School. 13411 5th Street is a 0-bed, 0-bath, multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX LEGACY

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.