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31709999

1000 W Linden Ave, Independence, MO 64052 For Sale

$244,900
96 days on market
Updated 36 days ago

Linden Ave

Details
APN 26-410-08-14-00-0-00-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,000
Net Rentable (SqFt) 2,000
Cap Rate 0.87%
NOI $2,125
Occupancy 100%
Price per SqFt $122
Broker Co-Op Yes
Year Built 1890
Buildings 1
Stories 2
Lot Size (SqFt) 8,606
Ground Lease No
Ownership Private

Multifamily | 0.87% CAP

Marketing description

Excellent Investor Opportunity! Well-maintained tri-plex in Independence that is fully rented, providing immediate and reliable rental income from day one. Close to the Historic Independence Square. This is an ideal buy-and-hold investment located in a consistently strong rental area. Each unit offers a functional layout with strong tenant appeal, creating dependable occupancy and steady cash flow. Situated in an established neighborhood with convenient access to highways, schools, shopping, and everyday amenities, the property remains attractive to long-term tenants. With all units currently leased, investors can step into predictable income without the hassle of finding tenants. Investor purchase only. Add this dependable property to your portfolio and enjoy long-term, hands-off income potential.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$2,125.00
$177.08/mo

Valuation Metrics

0
DSCR
0.87%
Cap Rate
0.87%
ROI

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