Skip To Content

2115 31st Street

Kansas City, MO 64109
  • $465,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 2474357
Price Reduced
UPDATED: 117 min ago
$465,000
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

School District:

Description

Offering this 10 unit mixed use asset with significant add value 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 space. Whether its a business owner looking to run their own business and earn some cashflow, 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! This listing is in reference to a mixed use and commercial listing # 2472289 There are 5 commercial units below and 5 multifamily units above for a total of 10 rental units. This is a redevelopment opportunity.

Monthly Payment Calculator



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-04-24T19:46:04.88.

Based on information submitted to the MLS GRID as of 2024-04-24T19:46:04.88 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.ericcraigrealestateteam.com/homes/147892272
Print Image

2115 31st Street Kansas City, MO 64109

  • Price: $465,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 117 min ago
  • ID#: 2474357
0
Beds
0
Baths
0
½ Baths
0.72
Acres
Neighborhood:
Altamont
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
Offering this 10 unit mixed use asset with significant add value 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 space. Whether its a business owner looking to run their own business and earn some cashflow, 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! This listing is in reference to a mixed use and commercial listing # 2472289 There are 5 commercial units below and 5 multifamily units above for a total of 10 rental units. This is a redevelopment opportunity.
Exterior Features

Construction Materials BrickFrame Garage YN No Parking Features Leased Roof Other

Interior Features

Basement YN Yes Cooling Other Cooling YN No Heating Electric Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 101 Years/More Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain No Inside City Limits Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalOther Maintenance Provided YN No Property Sub Type Apartment Sewer Unknown Tax Total Amount 4800 Utilities Other Water Source Unknown - Verify Zoning Retail

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Aristocrat Realty.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-04-24T19:46:04.88.

Based on information submitted to the MLS GRID as of 2024-04-24T19:46:04.88 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2474357-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2474357-1.jpg https://bt-photos.global.ssl.fastly.net/heartland/orig_boomver_1_2474357-1.jpg
Logo
Keller Williams KC - Northland
106 W Main Street
Smithville MO, 64089