Offering a well maintained and sizable duplex near downtown Lee’s Summit, Missouri. This investment opportunity consists of two-story units, each with 2 bedrooms and 1 bath, large floor plans, an attached garage, a partially finished basement, a large storage area, a vaulted living room, washer and dryer hookups, and a walk-out the main floor to a newly built deck. These units have been maintained by a property management company in excellent condition and are turnkey for a new owner. Package MLS #2509797 A gross annual income of $29,040 with one unit intentionally left vacant as of September 1 to accommodate showings. There is limited to no vacancy on these units as the area has a very strong rental demand, with qualified tenants ready to rent to vacant unit. The occupied unit is rented at $1,210 per month on a year lease agreement. The duplex is located within a mile from Hwy 50, Chipman Road, and Hwy 291 offering convenient access to shopping, restaurants, schools and major highways. The duplex is on a large lot with more than adequate parking and yard space in the back. The current lease details the tenant responsible for utilities and trash service, as well as lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items, and all rents are paid and current. Don’t overlook this strong investment opportunity as it will not last long!

Listing courtesy of HMLS / Midwest Land Group

Last checked: Checking… • Last updated Nov 6, 2024 • Source: HMLS

MLS# 2509599 — Report a problem