True duplex property offering two separate units with individual entrances, ideal for investor or house-hackbuyer. Property provides opportunity for rental income from both units or owner-occupancy with income fromthe second unit.Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details).Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rentsfor this neighborhood at $1,190/mo. Total projected monthly income: $2,380.The property was fully renovated in 2022. New electrical, plumbing, and flooring. Zero deferredmaintenance. Easy to lease in this area. Strong rental demand location with long-term income potential.Property may be suitable for value-add or stabilization strategy depending on buyers plan.Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR,producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached tothis listing.Please do not disturb tenants. Showings by appointment only. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only
Listed By
Agency Name: KW KANSAS CITY METRO
Agency Phone: 913-825-7500
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
2023 College Avenue | MLS# 2604003
This multi-family property located at 2023 College Avenue, Kansas City, MO 64129 is currently listed for sale with an asking price of call for price. College Avenue is located within the Kansas City Mo school district. Search Kansas City real estate on wmartin.trophypa.com today.