Rare opportunity to acquire 6 contiguous duplexes totaling 12 rental units, offered together as one investment package in Independence, MO. Four duplexes are located along S Norwood Ave with two continuing along E 27th St S, creating a concentrated footprint for convenient management and maintenance. Each unit features 2 bedrooms, 1 bath, a private 1-car garage, finished basement area and laundry hookups. Tenants provide their own washer and dryer, pay their own utilities and maintain their individual lawns. 11 units are currently occupied with 1 vacancy. Several residents are long-term tenants, reflecting the current owner's emphasis on tenant retention and stable occupancy. As a result, some in-place rents are below current projected market levels, creating potential rental upside as leases turn over or are adjusted over time. Current occupied rents total $11,405/month, with projected rents of $1,300 per unit. Convenient access to I-70, I-435 and US-40, with Historic Independence Square, Truman attractions, GEHA Field at Arrowhead Stadium and Kauffman Stadium nearby. Downtown Kansas City and its employment, dining and entertainment destinations are also easily accessible.A unique opportunity to acquire 12 units in one contiguous location with established income, long-term tenancy and future rental upside. Package sale only; properties are not offered individually. Buyer to independently verify all financial information, rents, expenses, Measurements and property details.
| MLS # | 2638189 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 66 |
| Listing Provided By | Realty Professionals Heartland | Debra J Smith |
| Basement | Y |
|---|---|
| Story(s) | 1 |
| Units | 12 |
| Zoning | Res |
| Acreage | 0.19 |
| Property | 15276 |
|---|
| State | MO |
|---|---|
| County | Jackson |
| City | Independence |
| Zip Code | 64052 |
| Area | 206 Independence Area |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,450,000 low | high Med: $269,600 On site: 66 low | high Med: 50.5 | |
| State | MO |
|---|---|
| County | Jackson |
| City | Independence |
| Zip Code | 64052 |
| Area | 206 Independence Area |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,450,000 low | high Med: $269,600 On site: 66 low | high Med: 50.5 | |