$398,888 $2,141 est/mo Sourced by Back At You

2115-2125 31st Street,Kansas City, MO 64109

Kansas City MO, 64109

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Description

Offering this 10 unit mixed use asset with significant value add 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 spaces. Whether it's a business owner looking to run their own business and earn some cash flow, 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!

Details

MLS#2472289
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site130
Listing Provided ByAristocrat Realty | Yaser Khani
Buying Commisionn/a

Features

Story(s)2
ZoningRetail
Acreage0.72
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Learn More About This Property

StateMO
CountyJackson
CityKansas City
Zip Code64109
Area202 Kansas City Area (So. of River)
Listing VS Median (in 64109)
Price:
$398,888
low | high
Med:
$280,000
79.804857503861% of Average
On Site:
130
low | high
Med:
394.000000
32.994923857868% of Average
Sourced by Back At You
Listing Updated: May 27, 2024 at 7:46:00 AM PDT