Turnkey investment opportunity in the highly desirable Village at New Longview. This property is fully leased and currently generating $2,620 per month ($31,440 annually) in rental income, providing immediate cash flow from day one. Priced at $400,000, the property offers an estimated ~6% cap rate based on projected expenses. The… Read More HOA covers exterior maintenance, roof, exterior paint, and building insurance, significantly reducing owner responsibility and minimizing exposure to major capital expenditures. Located in one of Lee’s Summit’s premier low-maintenance communities with strong rental demand, this property presents an excellent opportunity for investors seeking stabilized income, limited exterior obligations, and long-term appreciation potential. With a tenant already in place and predictable operating costs, this is a clean, straightforward addition to any investment portfolio. Read Less
Listing courtesy of Keller Williams Realty Partners Inc. 913-906-5400
Listing Snapshot
Days Online
765
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
2
Partial Baths
1
Square Ft.
1,479
Lot Size
0.04 Acres
MLS Number
2472973
Additional Details
Basement
Description: "Full", "Inside Entrance", "Stubbed for Bath"
Building
Finished Area Above Grade: 1479, Area: 1479, Construction Materials: "Lap Siding"
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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