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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Westchester
MLS Listing ID 2600488
Sold Date 04/14/26
HOA Fees $4/ann
Year Built 1965
Annual Tax Amount $1,410
Lot Size 7,823 Sqft
Acres 0.17959137
Property Sub-Type Duplex
Source hmls
Property Description
VALUE-ADD OPPORTUNITY: IMMEDIATE INCOME + REHAB UPSIDE. The perfect strategic play for an investor looking to force equity. This duplex offers immediate cash flow on one side and a fresh, market-ready unit on the other.
CURRENT INCOME: Unit A is occupied by a solid tenant at $1,250/month with a lease through 12/26.
EQUITY UPSIDE: Unit B is currently being rehabbed and will be delivered ready for you to place a new tenant at current market rates.
PRO-FORMA YIELD: Once stabilized, this property is projected to hit a 7%+ Net Cap Rate.
CONSTRUCTION: All-brick front, 2BR/2BA per side, 1,568 sq. ft. gross area, and sits on a generous 0.18-acre lot.
LOCATION: Situated in the Hickman Mills School District with a 70/100 Walkable Score.
Don't pay for someone else's renovation—buy the progress and maximize your ROI. Perfect for 1031 exchange or portfolio growth. (Tenant rights apply for occupied unit).
Location
State MO
County Jackson
Zoning R-7.5
Interior
Interior Features Individual Storage
Heating Other
Cooling Other
Fireplace N
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Exterior Feature Private Entrance
Parking Features true
Utilities Available Other
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water City/Public - Verify
Structure Type Other
Schools
School District Hickman Mills
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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