This nicely remodeled two-bedroom home is a great find for investors (home is tenant occupied) looking to add a solid property to their portfolio. The inside feels fresh and modern with plenty of upgrades, so it’s move-in ready and super comfortable. You’ll love the cozy front porch — perfect for… Read More hanging out with a cup of coffee or just relaxing after a long day. Inside, the open living and dining area gets lots of natural light and features new flooring and clean, updated finishes. The kitchen is updated with nice countertops, brand-new appliances, and plenty of cabinet space — great for cooking at home. Both bedrooms are a good size and flexible enough for a small family, a home office, or renters. The bathroom is bright and modern, too. Outside, there’s off-street parking, so you don’t have to worry about finding a spot. Plus, the backyard is a nice space to chill, garden, or entertain friends. Best of all, the location is super convenient with easy highway access just minutes away — perfect for commuting or weekend trips. Whether you’re buying your first home or adding to an investment portfolio, this place is a solid choice! 12% Cap Rate, fully renovated single-family home ideal for long term hold investor. Property features updated interior finishes and is leased for $875 per month with room to grow! Median rents in this neighborhood are $1,020 according to Rentometer. Strong demand for affordable housing in this area makes this a solid entry-level investment opportunity. Property was fully renovated in 2021. New framing, electrical, plumbing, HVAC, roof, flooring, kitchen and bathroom. This house has no deferred maintenance! Seller is o?ering a portfolio of 7 properties for sale. The portfolio o?ers 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. Read Less
Listing courtesy of KW KANSAS CITY METRO 913-825-7500
Listing Snapshot
Days Online
21
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
836
Lot Size
0.08 Acres
Year Built
1920
MLS Number
2599109
Additional Details
Appliances & Equipment
Description: "Refrigerator", "Electric Range"
Basement
Description: "Stone/Rock"
Building
Finished Area Above Grade: 836, Area: 836, Construction Materials: "Frame", Year Built: 1920
Cooling
Details: "Window Unit(s)"
Heating
Heating: "Forced Air"
Home Owner's Association
Fee: 0, Dues Frequency: Annually
Lot
Size: 3477
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "City/Public - Verify"
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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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