2115 East 31st Street
$350,000
—
10,668
10,668
$33
Description
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...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.
There are 5 commercial units below and 5 multifamily units above for a total of 10 rental units. This is a redevelopment opportunity.
- Listed by Yaser Khani • Aristocrat Realty • 816-929-0000
Property Details for 2115 East 31st Street
Zoning
Retail
LISTING UPDATED: 10/25/2024 04:17 PM
Property Details for 2115 East 31st Street
Status | Active |
---|---|
MLS # | 2474357 |
Days on Market | 296 |
Taxes | $4,800 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Apartment |
Year Built | - |
County | Jackson County |
Building Information for 2115 East 31st Street
Building/Complex2115 E 31st StFloor-Stories2Residences10Pet Policy-Year Built-Building Size-
Property Information for 2115 East 31st Street
Property History for 2115 East 31st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2115 East 31st Street
Taxable ValueLand$2,336Additions$9,184Total$11,520
Tax Record2021$1,110 ($92 / month)
Home Facts
Total Finished SqFt1,900 SqFtAbove Grade Finished SqFt1,900 SqFtStories2Lot Size3,889 SqFtStyleStoresYear Built1900CountyJACKSONAPN29-740-05-02
Schools near 2115 East 31st Street
This home is within Kansas City 33 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 4 |
Rating | School | Distance |
---|---|---|
Faxon Elementary PublicPK to 6 | ||
Central Middle School Public7 to 8 | ||
Central High School Public9 to 12 | ||
Kansas City Neighborhood Academy CharterPK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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