Welcome to Ash Ave townhomes, a well-maintained 10-unit property in the heart of Raytown, Missouri. This property offers a fantastic investment opportunity with an excellent location and opportunity to increase rents and update units over time. This property is very easy to own and maintain. Third party property management is already in place and they are happy to continue managing. Alternatively, you are welcome to bring your own property manager or self manage. Check out the rent roll and see the immediate ability to increase rents. This property is currently 100% occupied with the exception of one unit that is being held vacant to show for the sale. ***last unit was just rented fast for $985 and move in scheduled for 3/14*** This building features a beautiful brick exterior, ensuring both curb appeal and low maintenance, as well as newer HVAC systems and a newer roof.Each unit offers a spacious and functional layout with a generously sized open kitchen and dining area. Many of the units are three story with an unfinished basement area. The bonus room in the finished basement adds even more value, with a convenient laundry room featuring in-unit laundry hookups for each unit as well as extra storage. The property also includes a dedicated parking lot adjacent to the building with parking for 11 cars. Additional on street parking is also available for tenants. Located in a well-established neighborhood, this property is just minutes from shopping, dining and easy access to major highways. Raytown provides a community feel while still being close to all the amenities of Kansas City. Curious about the tax benefits that could be available to you as the new owner? Need help sourcing a lender well suited to financing this property? Reach out! Happy to help walk any investor through the process of acquiring cash flowing small multifamily rentals in Kansas City. Sorry, no seller financing available, please do not ask.
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