Listing courtesy of KW KANSAS CITY METRO
Property Description
Don’t miss out on this cute recently remodeled two bedroom home. This home would be a great addition to an investor’s portfolio. Currently tenant occupied. Please do not disturb the tenants. Turnkey rental opportunity with immediate cash flow. This recently remodeled 2-bedroom, 1-bath home is currently tenant-occupied at $810/month, making it a strong addition to any investor’s portfolio. The property features updated interiors, low-maintenance finishes, and steady rental income from day one. With 768 sq ft on a 5,663 sq ft lot, this home offers solid fundamentals at an accessible price point. Tenant in place — please do not disturb. Showings through appointment only. 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. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only
Property Details and Features
- Basement
- Description: “Stone/Rock”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 0
- Bedrooms
- Total Bedrooms: 2
- Building
- Finished Area Above Grade: 768
- Area: 768
- Architecture: “Traditional”
- Construction Materials: “Frame”, “Stucco”
- Year Built: 1924
- Cooling
- Details: “None”
- Heating
- Heating: “Forced Air”
- Home Owner’s Association
- Fee: 0
- Dues Frequency: Annually
- Listing
- Status: Active
- Location
- Area: 202 – Kansas City Area (So. of River)
- County: Jackson
- Subdivision: Belle Meade
- Lot
- Features: “City Lot”
- Size: 5448
- Roof
- Description: “Composition”
- Sewer
- Sewer: “Public Sewer”
- Utilities
- Water Source: “Public”
