503 N Spring Ave – Multifamily for Sale in KC

100% leased – 7% Cap Rate / Cash flowing property

Back on the market no fault to seller.

• Appraisal in hand for $640,000

• Qualifying for Southwest Independence 353 Tax Abatement Program

• Newer Roof 2017

• Newer Deck 2015

• 2021 Inspection done, available upon request

• No differed maintenance

• Parking lot in GREAT shape

• On Property parking (12 spaces behind building)

• (2) Brand New furnaces in storage for new owner

Details

Rooms
2/1

Property Size
3640 SF

Land Area
14,935 SF

Year Built
1974

Property Type
Multi-Family

Zoning
Residential

Units
6

Class
B

Occupancy
100%

Parking
2 spaces per Unit

GLA
3640

Stories
2