BEDS0
BATHS
MLS#2600479
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWestchester
SCHOOLHickman Mills
Property Description
FULLY LEASED STABILIZED DUPLEX ? INVESTOR OPPORTUNITYTurnkey duplex generating $2,550/month ($30,600 annually) in gross rental income.? Unit 16: $1,250/month? Unit 18: $1,300/monthBoth units feature a desirable 2BR / 2BA layout with 1,568 total sq. ft. of living space.LEASE STRUCTURE: Both units are currently occupied on month-to-month leases, providing immediate income while allowing flexibility for future rent adjustments or potential owner-occupancy.TENANT STABILITY: Current tenants have a history of consistent on-time payments and stable occupancy.INVESTMENT METRICS: Offered at $275,000, reflecting an estimated 7% projected net cap rate.PROPERTY DETAILS:? Built in 1965? One-story duplex construction? Composition shingle roof? Forced air heatingLocated in a high-demand rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential.A rare opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility.Tenant rights apply. 24-hour notice required for showings.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Natural Gas
Home Style: Duplex
Lot Size: 0.24 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 1965
Feature Descriptions
Days on Site: 56
Exterior: Brick/Mortar
Flood Plain: No
HOA Fee: 55/ Annually
Management: Other
Parking: Attached
Parking Notes: Attached
Sewer: Public Sewer
Unit: 2 Bedroom
Units: 2
Utilities: Other
Water: Public
Local Schools
School District: Hickman Mills
Listed By / Shown
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 785-329-9077
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
7916-7918 E 88th Terrace | MLS# 2600479
This multi-family property located at 7916-7918 E 88th Terrace, Kansas City, MO 64138 is currently listed for sale with an asking price of call for price. 7916-7918 E 88th Terrace is located within the Hickman Mills school district. Search Kansas City real estate on www.trophypa.com today.