This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools, tree-lined streets, and easy access to 350 Hwy, Kansas City, Independence, Lee’s Summit, Blue Springs, shopping, restaurants, jobs, and daily conveniences. Each tenant has a private exterior entry, creating a… Read More true “home” feel, and the property offers plenty of off-street parking, washer/dryer hookups inside every unit, central heating and cooling, and separate gas, electric, and water/sewer meters for each unit. This is truly a pretty dang easy-to-understand investment property: tenants pay water/sewer, electric, and gas, with the owner currently responsible only for trash and lawn. A future owner may also have the ability to bill back certain expenses with new leases, depending on their management strategy. Significant improvements have already been completed, including updated paint schemes, many new windows, sewer replacement, foundation improvements, attic insulation to R-49, newer mechanicals in select units, and more. One duplex also includes attached garages for each side. All four duplexes are on separate parcels, creating an excellent long-term exit strategy for a future owner. Great in-place rents with room to grow, very low regular owner expenses, substantial CapEx already invested, and a quiet cul-de-sac setting make this a compelling Raytown multifamily opportunity. Read Less
Listing Snapshot
Days Online
1
Property Type
Package Of Properties
Lot Size
0.85 Acres
Year Built
1954
MLS Number
2627261
Additional Details
Building
Construction Materials: "Board & Batten Siding", "Other", Year Built: 1954
Cooling
Details: "Electric"
Heating
Heating: "Forced Air"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 36961
Parking
Parking Total: 16
Property
Zoning: MF
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Ind Heat And Air", "Ind Water Heaters", "Separate Meters"
Listing courtesy of Legendary Apartment Brokers 816-591-0825
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers 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 noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.