$347,500
INVESTOR OPPORTUNITY! Add a fully occupied, professionally managed income producing property to your portfolio with immediate cash flow from day one. This unique property consists of two duplexes with a total of four units, including two 2 bedroom units, one 1 bedroom unit, and one studio, plus a 2 car garage.
Current rents total $3,475 per month, putting this property at approximately the highly sought after 1% rent to purchase price ratio. With professional management already in place and all units currently occupied, this is an opportunity to step directly into a stabilized rental property without the hassle of filling vacancies.
Looking to expand your portfolio even further? This property can also be purchased as a package with MLS #2643226 for a combined purchase price of $440,000. Together, the properties generate $4,529.95 in monthly rents, exceeding the 1% monthly rent to purchase price ratio.
Whether you're growing an existing portfolio or looking for a strong multifamily investment, this property offers immediate income, multiple rental units, professional management, and the opportunity to acquire an additional cash flowing property as part of a package deal.
13011 8th Street, Grandview
Listing courtesy of Ashley Wilson of 1st Class Real Estate KC.
