Turnkey investment opportunity in the highly desirable Village at New Longview. This Chicago plan townhome is fully leased and currently generating $2,395 per month ($28,740 annually) in rental income, offering immediate cash flow from day one. Priced at $320,000, the property delivers an estimated ~6.9% cap rate based on current… Read More expenses. The HOA covers exterior maintenance, roof, exterior paint, and building insurance, significantly reducing owner responsibility and limiting exposure to major capital expenditures. This highly rentable floor plan features two spacious upstairs bedrooms and two full baths, including a primary suite with dual vanities and dual showerheads. The open-concept main level includes a quartz kitchen with soft-close cabinetry, a convenient powder room for guests, and a private balcony off the kitchen. A dedicated lower-level home office adds additional flexibility that appeals strongly to today’s tenant pool. Located in one of Lee’s Summit’s premier low-maintenance communities with consistent rental demand, this is an ideal opportunity for investors seeking stabilized income, limited maintenance obligations, and long-term appreciation potential. Oversized garage with extra room for bikes, gear, or storage. The $240/month HOA covers a wide range of services—roof, exterior paint, lawn care, snow removal, trash/recycling, building insurance, and access to a future community pool—so you can focus on living, not maintenance. Move-in ready and designed for modern life, the Chicago is where smart living meets everyday comfort. Read Less
Listing courtesy of Keller Williams Realty Partners Inc. 913-906-5400
Listing Snapshot
Days Online
906
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
2
Partial Baths
1
Square Ft.
1,292
Lot Size
0.02 Acres
MLS Number
2456677
Additional Details
Basement
Description: "Inside Entrance"
Building
Finished Area Above Grade: 1292, Area: 1292, Construction Materials: "Brick", "Stucco"
Listings courtesy of Heartland MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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