220 W Excelsior Street
Excelsior Springs, MO 64024

  • – beds
  • – baths
  • – sqft
  • 4,800 sqft lot
  • 1890 build
  • on site

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Remodeled apartments with new flooring, fixtures, bath & kitchen updates. 2 Blocks from Broadway downtown Excelsior Springs to all the shops, restaurants, etc. Great location for anyone wanting to be close to downtown. Front has been completely painted new gutters on sides and back. Roof work done to make sure no leaks. See drone for roof which is good condition. Sewer inspection was done less than year ago, cleaned and clear. Great cash flow with low maintenance. Easy to rent due to location and prices and availability. All 4 units are rented and cash flow starting August. This is a remodeled 4 plex that will bring top rents. All new flooring, all new paint, fixtures, etc. some new appliances, toilets, countertops & cabinets. Unit #1= 2 BR/1BA-683 sq. ft.-rented-$1000/mo+1 mo security-12 mo lease-Starts Sept. 5th Unit #2= 1BR/1BA-481 sq. ft.-rented-$700/mo+1 mo security - 12 mo lease-started Aug. 1st Unit #3= 4 BR/1BA-837 sq. ft.-rented-$1200/mo + 1 mo deposit-12 mo lease starts Sept. 1st Unit #4= 1BR/1BA-490 sq. ft.-rented-$700/mo+1mo security-12 mo lease-Started Aug. 15th Cap rate = 9.44% Notice must be given to tenants by listing agent prior to entering apts.

Heartland MLS logo Listing courtesy of HMLS / Platinum Realty

Last checked: Checking… • Last updated May 5, 2024 •

MLS# 2385130 —

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Sale history

Date Event Source Price % Change
10/15/12
HMLS $19,900

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Multifamily Sold on 10/25/2022

$325,000

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