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Listed by Andy Kogan • KW KANSAS CITY METRO
$160,000
Est. payment /mo
5,857 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Andrew'S Addition
MLS Listing ID 2604003
Year Built 2024
Annual Tax Amount $3,693
Lot Size 5,857 Sqft
Acres 0.13445821
Property Sub-Type Duplex
Source hmls
Property Description
True duplex property offering two separate units with individual entrances, ideal for investor or house-hack
buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from
the second unit.
Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details).
Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents
for this neighborhood at $1,190/mo. Total projected monthly income: $2,380.
The property was fully renovated in 2022. New electrical, plumbing, and flooring. Zero deferred
maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential.
Property may be suitable for value-add or stabilization strategy depending on buyer's plan.
Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR,
producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to
this listing.
Please do not disturb tenants. Showings by appointment only. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only
buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from
the second unit.
Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details).
Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents
for this neighborhood at $1,190/mo. Total projected monthly income: $2,380.
The property was fully renovated in 2022. New electrical, plumbing, and flooring. Zero deferred
maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential.
Property may be suitable for value-add or stabilization strategy depending on buyer's plan.
Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR,
producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to
this listing.
Please do not disturb tenants. Showings by appointment only. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only
Location
State MO
County Jackson
Zoning RES
Interior
Heating Electric
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Nearby Locations
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