Nicely maintained duplex in a neighborhood blending duplexes and well kept single family homes. One side currently vacant for showing, but the other renting at $955 / mo with owner paying utilities around $200. All together with the vacant side filled it's a 10% cap rate and near 25% cash on cash assuming 25% down. Lots of potential for additional income with bonus non-conforming 3rd bedroom in basement on each side - plus additional finishable space for family room or hobby room. Walkout basement to nice sized back yard! 2 year old roof and gutters and all brick exterior means no big ticket items needed. Concrete foundation in great shape. Walk into cash flow from day one - whether you place a tenant in 1313 or move in and live there yourself. See pro forma in supplements. Proximal to Van Horn High School, easy access to Truman Road heading west to 435 is a breeze or east into downtown Independence. Come check it out!
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Listing information last updated on January 16th, 2022 at 3:42am CST.