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Listed by Lucas Corbin • Real Broker, LLC
$165,000
Est. payment /mo
6,667 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision South Maywood
MLS Listing ID 2619442
Year Built 1955
Annual Tax Amount $827
Lot Size 6,667 Sqft
Acres 0.15305325
Lot Dimensions 138 X 148
Property Sub-Type Duplex
Source hmls
Property Description
Affordable duplex investment in Independence with flexible options for investors or owner-occupants. Both 1 bedroom / 1 bathroom units were fully renovated in 2023, including new kitchens, bathrooms, and flooring throughout, with separate utility meters and off-street parking for each unit. Unit A leases through June 2027 at $750/mo; Unit B leases through November 2026 at $700/mo, both with reliable, on-time tenants. At $165,000 ($82,500/unit) with $17,400 in gross annual income, this is a straightforward entry-level hold with room to grow rents toward market at renewal. Rather occupy it yourself? One unit may be delivered vacant at closing upon buyer's request, allowing you to live in one side and let the other cover your mortgage. Located in the Van Horn/Independence school district. Shared unfinished basement offers laundry, storage, and space to add value (finish for additional rentable storage or amenities). Low-maintenance, cash-flowing, and priced to move - Don't wait to schedule your showing!
Location
State MO
County Jackson
Zoning res
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Refrigerator, Electric Range
Laundry In Basement
Exterior
Parking Features false
Utilities Available Multi-Unit Heat/Air, Separate Meters
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Cedar,Concrete
Schools
High Schools Van Horn
School District Independence
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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NEARBY SCHOOL & BUSINESS
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