BEDS0
BATHS
MLS#2623537
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWestchester
SCHOOLHickman Mills
Property Description
FULLY LEASED STABILIZED DUPLEX ? INVESTOR OPPORTUNITY Turnkey duplex generating $2,550/month ($30,600annually) in gross rental income. ¢ Unit 16: $1,250/month ¢ Unit 18: $1,300/month Both 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 heating Located in a high-demandrental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rareopportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rightsapply.
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: 34
Exterior: Brick/Mortar
Flood Plain: No
HOA Fee: 55/ Monthly
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# 2623537
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.