Kansas City, MO 64124,5207 Independence
Kansas City, MO 64124,5207 Independence
Kansas City, MO 64124,5207 Independence
20
Listed by Justin Rufus • Keller Williams Key Partners
$39,000
$39,000
Est.Price: ?

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5207 Independence Kansas City, MO 64124

Est. payment /mo
SOLD DATE : 09/25/2020

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Key Details

Sold Price $39,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Other

MLS Listing ID 2225940

Sold Date 09/25/20

Annual Tax Amount $567

Property Description

MONSTER OPPORTUNITY FOR 16%-20% CAP RATE. Update and generate huge cash-flowing investment in the heart of urban KC with access to all facets of the city, highway systems, bus lines, businesses, and employment opportunity. A duplex for less than $40,000; seller's loss is buyer's opportunity! It just needs a second chance! Seller has adjacent triplex for sale at 5209 Independence. Could be package deal. Contact Listing Agent. AS-IS sale. OWNER FINANCE OPTION LOW DOWN PAYMENT Gross Income and expenses are an estimate using rental rates of $750 and $950 for annual income of $20,400 less $6000 in expenses (likely high). Cap rate was calculated using total cost after renovation of $90,000
Square footage estimated; exact measurements to be verified by buyer

Location

State MO

County Jackson

Zoning B

Rooms

Other Rooms Family Room

Basement true

Interior

Interior Features Private Entry

Heating Forced Air

Cooling Electric

Flooring Wood

Fireplace N

Laundry In Basement

Exterior

Garage false

Utilities Available Separate Meters

Roof Type Composition

Building

Story 2

Sewer City/Public

Water Public

Structure Type Brick & Frame

Others

Acceptable Financing Cash, Contract for Deed, Conventional, Lease Option, OwnerMay Carry

Listing Terms Cash, Contract for Deed, Conventional, Lease Option, OwnerMay Carry

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Heartland MLS KS / Southeast Kansas AOR

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Shawnna Murrell

Owner | Managing Broker

+1(816) 651-7512

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