Active
2115 31st Street
Kansas City MO, 64109
$350,000
Active
Condos
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.
2474357
MLSⓇ ID
February 23, 2024
Listed
November 22, 2024
Updated
Map
2115 31st Street
Kansas City MO, 64109
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Cooling Description
Other
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.72 Acres
Roof
Other
Sewer
Unknown
School Information
School District
Kansas City Mo
Other Property Details
Area Name
202 - Kansas City Area (So. of River)
Garage
No
Parking
Leased
View
No
County
Jackson
Water Source
Unknown - Verify
Pool
No
Zoning
Retail
Listing History
Date | Event | Price |
|---|---|---|
10/25/2024 | Price change | $350,000 -7% |
Courtesy of Aristocrat Realty, Yaser Khani,
Listing Contact: 816-929-0000
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Data last updated: 11/22/2024, 7:10 AM UTC