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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!

PROPERTY FEATURES

Water Source : Public Sewer System : City/Public elecom : Cable - Available,Fiber - Available
Parking Features :
Road Surface Type : Paved
Age Description : 51-75 Years
Heating : Forced Air Cooling : Electric
Construction Materials : Brick & Frame
Laundry Features : Central Laundry Appliances : Refrigerator

PROPERTY DETAILS

Street Address: 1009-1011 Frontier Street
City: Excelsior Springs
State: Missouri
Postal Code: 64024
County: Clay
MLS Number: 2511973
Year Built: 1969
Courtesy of RE/MAX Area Real Estate

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