Updated duplex with strong cash flow and rental upside in Lees Summit.Each unit features 2 bedrooms, 1 bathroom, and attached garage parking, with updated interiors and stable tenants in place. The property is currently generating $2,220/month ($26,640 annually) in rental income.Market rental data for comparable 2-bedroom units in the area averages approximately $1,325?$1,375 per month, creating a value-add opportunity for investors through future rent adjustments.Conveniently located near downtown Lees Summit, parks, shopping, and major commuter routes, making it attractive to tenants and future buyers alike.Seller also owns the neighboring duplex and a nearby fourplex and may consider portfolio purchase opportunities.
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
804 NE Banner Drive | MLS# 2608709
This multi-family property located at 804 NE Banner Drive, Lees Summit, MO 64086 is currently listed for sale with an asking price of call for price. NE Banner Drive is located within the Lees Summit school district. Search Lees Summit real estate on wmartin.trophypa.com today.