See all 21 photos
21 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Andy Kogan • KW KANSAS CITY METRO
$170,000
Est. payment /mo
6,527 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Converted Residence
Listing Status Active
Purchase Type For Sale
Subdivision Cable Hills
MLS Listing ID 2570842
Year Built 1956
Annual Tax Amount $1
Lot Size 6,527 Sqft
Acres 0.1498393
Property Sub-Type Converted Residence
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 SFR
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air
Roof Type Composition
Building
Story 1
Sewer Unknown
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
Read Less Info
Nearby Locations
GET MORE INFORMATION