1420 Southwest Jefferson Street

Lee's Summit, MO 64081

$1,200,000
Price
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Beds
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Description

Tremendous Multi Family Investment opportunity in Coveted Lee's Summit, MO with this "Just the Right Size" Apartment Complex! Professionally Managed, with multiple updates including mostly newer HVACs throughout the complex. Turn Key Investment Opportunities like this in Lee's Summit don't surface often. Carpe Diem! 6 Two Bedroom Units and 2 Three Bedroom Units. This listing has the option of being bundled with MLS#2481447 , listed as both under MLS #2481452
Please do not enter property or disturb
...Tremendous Multi Family Investment opportunity in Coveted Lee's Summit, MO with this "Just the Right Size" Apartment Complex! Professionally Managed, with multiple updates including mostly newer HVACs throughout the complex. Turn Key Investment Opportunities like this in Lee's Summit don't surface often. Carpe Diem! 6 Two Bedroom Units and 2 Three Bedroom Units. This listing has the option of being bundled with MLS#2481447 , listed as both under MLS #2481452
Please do not enter property or disturb tenants. MLS information provided is for convenience and thought to be accurate however, Buyer(s) and or Buyers Agent to Verify all information and complete their own Due Diligence. Photos displayed are from a combination of both units and contain virtually staged images.
  1. Listed by Chris Goodale • Midwest Property Resources LLC • 816-607-9640

Property Details for 1420 Southwest Jefferson Street

Zoning
MF

Location

Listing Courtesy of Midwest Property Resources LLC
Add your commute
LISTING UPDATED: 04/11/2024 05:04 PM

Property Details for 1420 Southwest Jefferson Street

StatusActive
MLS #2481450
Days on Market23
Taxes$7,491 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1972
CountyJackson County

Location

Listing Courtesy of Midwest Property Resources LLC
Add your commute

Building Information for 1420 Southwest Jefferson Street

Building/Complex1420 Sw Jefferson StFloor-Stories2Residences8Pet Policy-Year Built1972Building Size-

Payment Calculator

$7,173 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$624

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1420 Southwest Jefferson Street

Summary
Location and General Information
  • City: Lee's Summit
  • County Or Parish: Jackson
  • Directions: From 291s and 50 Hwy Go South on 291 to Persels Rd Go West on SW Persels to SW Jefferson Go South On SW Jefferson to Property on Right
  • Latitude: 38.895076
  • Longitude: -94.377819
  • MLS Area Major: 204 - Lee's Summit Area
  • Postal Code: 64081
  • State Or Province: MO
  • Subdivision Name: Glendana Heights
Taxes and HOA Information
  • HOA Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $7,491.00
  • Parcel Number: 61-910-02-01-00-0-00-000
  • Tax Annual Amount: $7,491.00
School Information
  • High School District: Lee's Summit
Parking
  • Garage: No
  • Parking Features: Assigned, Off Street, Paved
Property
Lot Information
  • Lot Size Area: 13,586.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13,586.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick Trim, Vinyl Siding
  • Documents Available: Financial Details
  • Documents Count: 4
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: Unknown
  • Legal Description: GLENDANA HEIGHTS---TRACT A (EX PT IN RD)
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 34
  • Year Built: 1972
Utilities
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: Central Laundry, In Basement
  • Possession: Funding
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 2 Bedroom,3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Interior Features: Individual Storage
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $89,700.00
  • Maintenance Description: Lawn,Snow Removal
  • Maintenance Provided YN: 1
  • Operating Expense: $35,686.00
  • Operating Expense Includes: Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Water/Sewer
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Alliance Title
  • Existing Lease Terms: One Year Lease,Six Month Lease

Property History for 1420 Southwest Jefferson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1420 Southwest Jefferson Street

Taxable ValueLand$7,524Additions$96,976Total$104,500
Tax Record2023$7,491 ($624 / month)
Home Facts
Total Finished SqFt2,329 SqFtAbove Grade Finished SqFt2,329 SqFtStories1Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyJACKSONAPN61-910-02-01

Schools near 1420 Southwest Jefferson Street

This home is within Lee's Summit R-Vii School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Pleasant Lea Elementary School
PublicK to 6

Pleasant Lea Middle School
Public7 to 8

Lee's Summit Senior High School
Public9 to 12

Miller Park Center
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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1420 Southwest Jefferson Street is a multi-family home for sale in Lee's Summit, MO 64081. This property was listed for sale on April 5, 2024 by Midwest Property Resources LLC, it's currently listed at $1,200,000. This listing's school district is Lee's Summit R-Vii School District. Nearby schools include Pleasant Lea Elementary School, Pleasant Lea Middle School and Lee's Summit Senior High School. 1420 Southwest Jefferson Street is a 0-bed, 0-bath, multi-family home built in 1972.

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 Midwest Property Resources LLC

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.