$1,295,000
$1,295,000
For more information regarding the value of a property, please contact us for a free consultation.
221 Hargis Belton, MO 64012
Key Details
Sold Price $1,295,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Twin Oaks East
MLS Listing ID 2220335
Sold Date 10/09/20
Year Built 1971
Property Description
Classic value add 24 unit multifamily Kansas City suburb of Belton. 16 1beds & 8 2bed units. 100% occupied. Rents are under market with great potential for adding laundry, sub metering water and rehabbing units. Located one mile from new senior living facility, new retailers and other commercial. Two buildings each w full basement, central AC. Units are large and have been upgraded over time. 1972 construction. Ample parking. Enough land for possible future building w city approval. Buyer to verify all information. Nearby market rents are $825 for 2bed and $700 for 1bed. One unit currently being used an management office. Owner currently pays for water/sewer/trash. Some units have cosmetic updates and mechanical upgrades. Cash flow + appreciation. Full historical financials are not available.
Location
State MO
County Cass
Zoning MF
Rooms
Other Rooms Balcony/Loft, Formal Living Room
Basement true
Interior
Interior Features Apply To Some
Heating Forced Air, Natural Gas
Cooling Electric
Flooring Carpet
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Board/Batten,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP