1313-1315 S Franklin Avenue, Independence

$139,000

Mortgage Calculator

Mortgage calculator provided by First State Bank Mortgage
0 Beds
0

Baths

0 Sqft
Year Built: 1959
0 Garages

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!

Essential Information
MLS® #2355772
Price$139,000
Bathrooms0.00
Acres0.19
Year Built1959
Total Tax$1,211
TypeMulti-Family
Sub-TypeDuplex
StatusShow For Backups
LISTING MAP
Community Information
Address1313-1315 S Franklin Avenue
SubdivisionEvanston Resurvey
CityIndependence
CountyJackson
StateMO
Zip Code64052
Interior
HeatingForced Air
CoolingWindow Unit(s)
Exterior
RoofComposition
ConstructionBrick & Frame
School Information
DistrictIndependence
ElementaryKorte
MiddleNowlin
HighVan Horn
Additional Information
Date ListedNovember 17th, 2021
Days on MarketUnlock
Listing Details
OfficeLOCAL AGENT

DISCLAIMER: The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS").
Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Better Homes and Gardens Real Estate Kansas City Homes do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
By searching, you agree to the Terms of Use.

Listing information last updated on January 16th, 2022 at 3:42am CST.

Sign Up for Home Search