161 Oak Hill Cluster N/A Active Save Request In-Person Tour Request Virtual Tour
Independence,MO 64057
Key Details
Property Type Multi-Family, Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 576 sqft
Price per Sqft $121
Subdivision Harvest Hills
MLS Listing ID 2531822
Bedrooms 1
Full Baths 1
HOA Fees $65/mo
Year Built 1981
Annual Tax Amount $912
Lot Size 990 Sqft
Property Sub-Type Townhouse
Property Description
Turn-Key Investment Opportunity – 4-Unit Portfolio in Harvest Hills (only being sold as a set). This income-producing portfolio includes three 1-bedroom apartments and one 2-bedroom condo, all located in the tight-knit community of Harvest Hills. These properties are in Independence but within the highly rated Blue Springs School District, offering easy access to I-70 for convenient commuting. The Harvest Hills community provides desirable amenities, including a tennis court, basketball court, community room, children's pool, large green spaces, and a playground. Investors will appreciate the strong rental demand and low vacancy rates in this area. While all current tenants are self-pay, some landlords in the community utilize VA vouchers, offering potential for diverse leasing strategies. Additionally, other landlords occasionally sell units, creating opportunities to expand holdings within the community. This portfolio offers a sturdy Cap Rate. HOA is $65 per month and covers trash, a designated parking spot and community amenities. Tenants pay for gas, water, and electricity. Each unit has laundry hookups. A reliable property caretaker is available for new ownership if needed. This unit: exterior photo recent. Interior photos from 2.5 years ago. Same tenant for 5 years now. Other Properties in Portfolio: 160 MLS#2531814, 162 MLS#2531828, 167 MLS#2531830. Cost of all 4 units available: $300k. Monthly combined income: $2,925. Ask the listing agent or your agent for the Multifamily Property Disclosure Rider for further details. Please do not disturb tenants – no yard signs. Lease agreements and property viewings are available with an accepted contract. Seller is a licensed Realtor in Missouri and Kansas.
Location
State MO
County Jackson
Rooms
Other Rooms Main Floor BR
Interior
Heating Forced Air,Natural Gas
Cooling Attic Fan,Electric
Flooring Carpet,Laminate
Laundry Main Level
Exterior
Parking Features false
Amenities Available Community Center,Exercise Room,Party Room,Play Area,Pool,Tennis Court(s)
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Metal Siding
Schools
Elementary Schools James Lewis
Middle Schools Brittany Hill
High Schools Blue Springs
School District Blue Springs
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Owner Agent