BEDS0
BATHS
MLS#2629237
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBristol
SCHOOLIndependence
Property Description
Strong cash-flowing duplex with a 10.3% cap rate. One unit is currently leased to long-term tenants at $836/month, providing stable in-place income, while the second unit is vacant and ready for lease-up at market rent or ideal for owner-occupancy. This all-brick property offers low-maintenance durability, with each unit featuring beautiful hardwood floors, dedicated carport parking, and access to a full basement with separate washer and dryer hookups. Washer and dryer units currently in place are included in the sale. One unit has been upgraded with vinyl windows. With a 10.3% cap rate, this property delivers strong returns from day one. Additional upside exists by leasing the vacant unit at current market rents, further increasing overall income and yield. Ideal for investors looking to expand their portfolio with a high-performing asset or for owner-occupants seeking to offset their mortgage with rental income.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Forced Air
Home Style: Duplex
Lot Size: 0.16 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 1951
Feature Descriptions
Days on Site: 20
Exterior: Brick
Flood Plain: No
In City Limits: Yes
Management: Off-Site Mgmt
Parking: Carport
Parking Notes: Carport
Sewer: Public Sewer
Unit: 1 Bedroom
Units: 2
Utilities: Ind Heat And Air, Ind Water Heaters
Water: Public
Local Schools
High School: Van Horn
Middle School: Nowlin
Elementary School: Sugar Creek
School District: Independence
Listed By / Shown
Listed By
Agency Name: Weichert Realtors - Generations
Agency Phone: 816-373-0227
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
1532 S Ash Avenue | MLS# 2629237
This multi-family property located at 1532 S Ash Avenue, Independence, MO 64052 is currently listed for sale with an asking price of call for price. S Ash Avenue is located within the Independence school district. Search Independence real estate on www.trophypa.com today.