2115 East 31st Street

Kansas City, MO 64109

$465,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Offering this 10 unit mixed use asset with significant add value and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial space. Whether its a business owner looking to run their own business and earn some...Offering this 10 unit mixed use asset with significant add value and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial space. Whether its a business owner looking to run their own business and earn some cashflow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless. Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return! This listing is in reference to a mixed use and commercial listing # 2472289

There are 5 commercial units below and 5 multifamily units above for a total of 10 rental units. This is a redevelopment opportunity.
  1. Listed by Yaser Khani • Aristocrat Realty • 816-929-0000

Property Details for 2115 East 31st Street

Zoning
Retail

Location

Listing Courtesy of Aristocrat Realty
Add your commute
LISTING UPDATED: 04/10/2024 09:10 AM

Property Details for 2115 East 31st Street

StatusActive
MLS #2474357
Days on Market65
Taxes$4,800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built-
CountyJackson County

Location

Listing Courtesy of Aristocrat Realty
Add your commute

Building Information for 2115 East 31st Street

Building/Complex2115 E 31st StFloor-Stories2Residences10Pet Policy-Year Built-Building Size-

Payment Calculator

$2,938 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,538

Property Taxes

$400

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2115 East 31st Street

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: HYW 71, then East on 31st street, the property sits on the corner of 31st and Brooklyn.
  • Inside City Limits: Yes
  • Latitude: 39.069831
  • Longitude: -94.557982
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Postal Code: 64109
  • State Or Province: MO
  • Subdivision Name: Altamont
Taxes and HOA Information
  • HOA Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $4,800.00
  • Parcel Number: 29-740-05-31-00-0-00-000
  • Tax Annual Amount: $4,800.00
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: Leased
Property
Lot Information
  • Building Area Total: 10668.0
  • Lot Size Area: 31,574.00
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 31,574.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick, Frame
  • Documents Available: Appraisal Report
  • Documents Count: 1
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: ALTAMONT---LOTS 225 AND 226 AND N 15' LOT 227 AND LOTS 336 AND 337
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 15
Utilities
  • Sewer: Unknown
  • Utilities: Other
  • Electric: Other
  • Water Source: Unknown - Verify
Interior and Exterior Features
Exterior Features
  • Package: No
  • Roof: Other
Interior Features
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 1 Bedroom,2 Bedroom
  • Cooling: Other
  • Central Air YN: No
  • Heating: Electric
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Gross Income: $.00
  • Maintenance Provided YN: 0
  • Operating Expense: $.00
  • Operating Expense Includes: Other
Unit 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Type: 2 Bedroom
Rental
Rent Information
  • Current Occupancy Rate: Vacant
  • Deposit: Continental Tile
  • Existing Lease Terms: Month To Month,None

Property History for 2115 East 31st 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 2115 East 31st Street

Taxable ValueLand$2,336Additions$9,184Total$11,520
Tax Record2021$1,110 ($92 / month)
Home Facts
Total Finished SqFt1,900 SqFtAbove Grade Finished SqFt1,900 SqFtStories2Lot Size3,889 SqFtStyleStoresYear Built1900CountyJACKSONAPN29-740-05-02

Schools near 2115 East 31st Street

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - PK to 4
Rating
School
Distance
Faxon Elementary
PublicPK to 6

Central Middle School
Public7 to 8

Central High School
Public9 to 12

Kansas City Neighborhood Academy
CharterPK to 4

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2115 East 31st Street is a multi-family home for sale in Kansas City, MO 64109. This property was listed for sale on February 23, 2024 by Aristocrat Realty, it's currently listed at $465,000. This listing's school district is Kansas City 33 School District. Nearby schools include Faxon Elementary, Central Middle School and Central High School. 2115 East 31st Street is a 0-bed, 0-bath, multi-family home.

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 Aristocrat Realty

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.