221 N Hargis St Belton, MO 64012

Listing details for 221 N Hargis St, Belton, MO 64012 : Classic value add 24 unit multifamily Kansas City suburb of Belton. 16 1beds & 8 2bed units. 100% occupied. Rents are under market with great potential for adding laundry, sub metering water and rehabbing units. Located one mile from new senior living facility, new retailers and other commercial. Two buildings each w full basement, central AC. Units are large and have been upgraded over time. 1972 construction. Ample parking. Enough land for possible future building w city approval. Buyer to verify all information. Nearby market rents are $825 for 2bed and $700 for 1bed. One unit currently being used an management office. Owner currently pays for water/sewer/trash. Some units have cosmetic updates and mechanical upgrades. Cash flow + appreciation. Full historical financials are not available.