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Duplex Investment Property $1,815/mo rental income

$180,000.00
Kansas City, Missouri
Posted 7 years ago
Expires in 0 minutes
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Description

PLEASE DO NOT DISTURB TENANTS.

Duplex Investment Property $1,815/mo rental income

Platte County, Missouri
Kansas City Duplex investment for sale $180,000, rents $1,815/mo. Management available.
7126-7128 NW Winter Avenue, Kansas City, MO 64153

Duplex for sale $180,000.00. Rents are $1,815.00 per month and below market.

Upside value-add for new owner to raise rents as area rents continue to increase.
Each unit offers 3 bedrooms, 1.5 baths, some ceiling fans in bedrooms, one-car garage, walk-out patio.
Both units have ceiling fans in the dining rooms. The north unit has ceiling fans with lights in all three bedrooms.
The south unit has new countertops and sink installed, as well as wood-look vinyl flooring in the living room and three bedrooms in 2016, see photo.
Each unit also has a large basement/family room and storage area with washer/dryer hookups. There are two parking spaces in front of each garage door and parking on the street.
Community pool and clubhouse included in home owner's association (HOA).
Tenants responsible for their own utilities.

All units rented: $890/month on a two-year lease Section 8, $925/month month-to-month lease.
Separately metered gas, water, electric all paid by tenants.
Very desirable Park Hill /school district.

Owner expenses:
$1,680.00 / yr HOA dues ($170 / mo): covers lawn care, tree trim/removal, community pool
$2,230.38 / yr taxes ($185.87 / mo)
OPTIONAL: $1,416 / yr property management fees ($118 / mo)

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kansas city Investment four-plex 4-plex management cash flow income property revenue

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