623 Gallatin Street
623 Gallatin Street
$990,000
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Virtual Tour
Description
Investment Opportunity in Liberty, MO: Six (6) townhomes nestled in the highly sought-after area of Liberty, Missouri. Strategically positioned for optimal returns, these townhomes boast a prime location adjacent to downtown Liberty, ensuring high tenant demand. With the potential to sell off individually post-acquisition (see sales comps in supplements), investors can unlock immediate profits while also capitalizing on opportunities to increase rental rates and undertake rehabilitation projects...Investment Opportunity in Liberty, MO: Six (6) townhomes nestled in the highly sought-after area of Liberty, Missouri. Strategically positioned for optimal returns, these townhomes boast a prime location adjacent to downtown Liberty, ensuring high tenant demand. With the potential to sell off individually post-acquisition (see sales comps in supplements), investors can unlock immediate profits while also capitalizing on opportunities to increase rental rates and undertake rehabilitation projects for enhanced profitability. Four out of the six units have already been rehabbed, while the remaining units present a perfect canvas for improvement. Each spacious townhome spans approximately 1,800 square feet (including basements), promising ample space for tenants and enabling potential rent hikes. Enjoy strong day-one cash flow and minimal owner expenses, making this property an ideal addition to any investment portfolio. Whether seeking immediate returns or long-term wealth accumulation, this property offers limitless potential for discerning investors. Each unit is individually parceled. HOA has very low HOA fees and covers ALL EXTERIOR costs including roofs, siding, driveways, hazard insurance etc... Tenants pay ALL of their own utilities including trash, water, gas electric, etc... Seller pays HOA and any maintenance fee. Low taxes and very low insurance for owners (HOA covers building hazard insurance). This is potentially a low effort owner investment in a Class A sub market of Kansas City in Liberty MO. See quick facts document for additional details. Addresses for sale are as follows: 623 N Gallatin, Liberty, MO 64086
625 N Gallatin, Liberty, MO 64086
627 N Gallatin, Liberty, MO 64086
631 N Gallatin, Liberty, MO 64086
633 N Gallatin, Liberty, MO 64086
102 Crawford Street, Liberty, MO 64086
625 N Gallatin, Liberty, MO 64086
627 N Gallatin, Liberty, MO 64086
631 N Gallatin, Liberty, MO 64086
633 N Gallatin, Liberty, MO 64086
102 Crawford Street, Liberty, MO 64086
- Listed by Alex Olson • XChangeCRE • 816-591-0825
Property Details for 623 Gallatin Street
Zoning
MF
Location
LISTING UPDATED: 04/16/2024 02:01 PM
Property Details for 623 Gallatin Street
Status | Active |
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MLS # | 2482227 |
Days on Market | 14 |
Taxes | $5,200 / year |
HOA Fees | $1,050 / month |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Residential Income / Package of Properties |
Year Built | 1985 |
Lot Size | 0.11 AC / 5,000 SF |
County | Clay County |
Location
Virtual Tour
Building Information for 623 Gallatin Street
Stories2Residences6Year Built1985Lot Size0.11 AC / 5,000 SF
Payment Calculator
$6,886 per month
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Property Information for 623 Gallatin Street
Property History for 623 Gallatin Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 623 Gallatin Street
Taxable ValueLand-Additions-Total-
Tax Record2023$722 ($60 / month)
Home Facts
Beds3Total Finished SqFt1,170 SqFtAbove Grade Finished SqFt1,170 SqFtStories2Lot Size2,178 SqFtStyleSingle Family ResidenceYear Built1981CountyCLAYAPN15-110-00-08-006-00Fireplace TypeHas Fireplace
Schools near 623 Gallatin Street
This home is within Liberty 53 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Ridgeview Elementary School PublicK to 5 | ||
HERITAGE MIDDLE SCHOOL Public6 to 8 | ||
Liberty North High School Public9 to 12 | ||
Liberty Academy Public9 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.
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