$39,000
$39,000
For more information regarding the value of a property, please contact us for a free consultation.
5207 Independence Kansas City, MO 64124
Key Details
Sold Price $39,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2225940
Sold Date 09/25/20
Annual Tax Amount $567
Property Description
MONSTER OPPORTUNITY FOR 16%-20% CAP RATE. Update and generate huge cash-flowing investment in the heart of urban KC with access to all facets of the city, highway systems, bus lines, businesses, and employment opportunity. A duplex for less than $40,000; seller's loss is buyer's opportunity! It just needs a second chance! Seller has adjacent triplex for sale at 5209 Independence. Could be package deal. Contact Listing Agent. AS-IS sale. OWNER FINANCE OPTION LOW DOWN PAYMENT Gross Income and expenses are an estimate using rental rates of $750 and $950 for annual income of $20,400 less $6000 in expenses (likely high). Cap rate was calculated using total cost after renovation of $90,000
Square footage estimated; exact measurements to be verified by buyer
Location
State MO
County Jackson
Zoning B
Rooms
Other Rooms Family Room
Basement true
Interior
Interior Features Private Entry
Heating Forced Air
Cooling Electric
Flooring Wood
Fireplace N
Laundry In Basement
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame
Others
Acceptable Financing Cash, Contract for Deed, Conventional, Lease Option, OwnerMay Carry
Listing Terms Cash, Contract for Deed, Conventional, Lease Option, OwnerMay Carry
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP