USAMOBeltonOrig Belton308 Walnut St
308 Walnut St, Condo with 0 bedrooms, 0 bathrooms and 32 parking in Belton MO | Image 1
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$1,425,000

308 Walnut St, Belton, MO

Condo

For Sale

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0032
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $7,972
Days Active 62
Approx. Age 
MLS® Number 2548046

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the Gateway Corridor of Belton’s Old Town Redevelopment Incentive District. This updated mixed-use property, located on a half city block, offers a diverse income stream and impressive cash flow. This property not only benefits from reliable income and low maintenance thanks to recent renovations, but it also located within a redevelopment district which may offer tax incentives or development benefits to future owners. Interior photos are listing photos used prior to current residents taking possession. The residential portion of the property features a total of 15 rental units, including an eight-unit apartment building comprised of five one-bedroom, one-bath units and three two-bedroom, one-bath units. Additionally, the property includes two one-bedroom, one-bath duplexes, a two-bedroom, one-bath duplex, and a standalone two-bedroom, one-bath single-family home—offering a versatile mix of layouts to attract a wide range of tenants. Complementing the residential units is a well-established commercial auto repair shop with a large, fenced parking lot, creating an ideal space for a small business or continued commercial use. Since 2022, nearly every structure on the property has been extensively renovated. Improvements include new siding, roofs, gutters, HVAC systems, water heaters, exterior doors, and a new asphalt parking lot. All but one of the rental units have been updated with new kitchen cabinets, countertops, and appliances, along with modernized bathrooms featuring tile showers, new vanities, updated lighting and plumbing fixtures, fresh flooring, and paint throughout. This is a rare chance to acquire a stabilized asset with strong financials within a rapidly changing commercial corridor.Show Description
MLS® Number2548046
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/CNone
Heating Fuel

Extras

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