623 N Gallatin Street, Liberty, MO 64068

$990,000
List Price
$990,000
MLS#
2482227
Status
ACTIVE
Type
Multifamily
Acres
0.11
Subdivision
Gallatin Plaza

Property Description

Investment Opportunity in Liberty, MO: Six (6) townhomes nestled in the highly sought-after area of Liberty, Missouri. Strategically positioned for optimal returns, these townhomes boast a prime location adjacent to downtown Liberty, ensuring high tenant demand. With the potential to sell off individually post-acquisition (see sales comps in supplements), investors can unlock immediate profits while also capitalizing on opportunities to increase rental rates and undertake rehabilitation projects for enhanced profitability. Four out of the six units have already been rehabbed, while the remaining units present a perfect canvas for improvement. Each spacious townhome spans approximately 1,800 square feet (including basements), promising ample space for tenants and enabling potential rent hikes. Enjoy strong day-one cash flow and minimal owner expenses, making this property an ideal addition to any investment portfolio. Whether seeking immediate returns or long-term wealth accumulation, this property offers limitless potential for discerning investors. Each unit is individually parceled. HOA has very low HOA fees and covers ALL EXTERIOR costs including roofs, siding, driveways, hazard insurance etc...Tenants pay ALL of their own utilities including trash, water, gas electric, etc...Seller pays HOA and any maintenance fee. Low taxes and very low insurance for owners (HOA covers building hazard insurance). This is potentially a low effort owner investment in a Class A sub market of Kansas City in Liberty MO. See quick facts document for additional details. Addresses for sale are as follows: 623 N Gallatin, Liberty, MO 64086 625 N Gallatin, Liberty, MO 64086 627 N Gallatin, Liberty, MO 64086 631 N Gallatin, Liberty, MO 64086 633 N Gallatin, Liberty, MO 64086 102 Crawford Street, Liberty, MO 64086

Additional Information

Year Built
1985
School District
Liberty
Hoa Amount
1050
Hoa Due
Monthly
Basement
Yes
Interior Features
Apply To All Units, Private Entry
Roof
Composition
Central Air
Electric
Sewer
City/Public
Construction
Wood Siding
Cooling
Electric
Heating
Electric
Taxes
$5,200
Zoning
MF

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Alex Olson of XChangeCRE.

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

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 the company represented by this website 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 noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use