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Jeff Hill

[email protected] +1(816) 716-7712

Listed by Elizabeth Chritton • Kedish Realty, Inc.

$ 70,000

Est. payment -/mo

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Active

161 Oak Hill Cluster N/A Independence, MO 64057

1 Bed

1 Bath

576 SqFt

UPDATED:

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

Originating Board hmls

Year Built 1981

Annual Tax Amount $912

Lot Size 990 Sqft

Acres 0.022727273

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

Basement Slab

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Attic Fan, Electric

Flooring Carpet, Laminate

Fireplace Y

Appliance Refrigerator, Built-In Electric Oven, Free-Standing Electric Oven

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

Entry Level Ranch

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

HOA Fee Include Lawn Service,Parking,Snow Removal,Street,Trash

Ownership Investor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Owner Agent

Jeff Hill

Realtor

+1(816) 716-7712

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Kansas City, MO

Jeff Hill

161 Oak Hill Cluster N/A Independence, MO 64057

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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161 Oak Hill Cluster N/A