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Property Description

Investment Opportunity: Multifamily Package Deal! Don't miss out on this exceptional commercial multifamily opportunity located at 1009-1011 Frontier Street, featuring a total of 12 units comprised of 6 spacious 2-bedroom, 1.5-bath units and 6 generous 3-bedroom, 1.5-bath units. This property is part of a larger package deal that includes 1107 Frontier Street, a six-unit property with 2-bedroom, 1-bath units, and 1109 Frontier Street, another six-unit property with 2-bedroom, 1-bath units, totaling 24 units available for sale. This is a prime chance to expand your portfolio and capitalize on a well-maintained multifamily investment. Recent improvements at 1009-1011 Frontier Street include: - Replacement of all 12 exterior doors - Installation of 68 new windows - Rebuilt exterior decks and staircases - New metal siding and gutters - Replacement of concrete sidewalks and patios Each unit is equipped with refrigerators and electric ranges, and the property boasts independent 100 amp services for each unit, ensuring separate gas and electric meters. A coin-operated common laundry area provides additional income potential, while water and sewer are the only utilities included. Current rental rates range from $687 to $717 per unit, offering a solid return on investment. Explore the potential of expanding your real estate operation with this outstanding opportunity. Act now to secure your future in the multifamily market!

Overview

Property Status
Sold
Date Sold
December 11, 2024
Lot Size
0.61 Acres
MLS ID
2511973
Property Type
Multi-Family
Year Built
1969

Features & Amenities

Stories
3
Water Source
Public
Utilities
Multi-Unit Heat/Air
Roof
Other
Parking
Off Street
Heat Type
Forced Air
Air Conditioning
Electric
Laundry Room
Central Laundry
Appliances
Refrigerator, Built-In Electric Oven
Sewer
Public Sewer
Elementary School
Cornerstone
Middle School
Excelsior Springs
High School
Excelsior
School District
Excelsior Springs
Price Upon Request
Zoning
R-4

Downloads

Two-story brick multi-unit building with a gray metal roof and walkway across the lawn.

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 1009-1011 Frontier Street, Excelsior Springs, MO 64024

1009-1011 Frontier Street
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