13011 8th Street, Grandview, MO 64030
- $347,500
- List Price
- $347,500
- MLS#
- 2643230
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 6,266
- Acres
- 0.14
- Subdivision
- Grand View
Property Description
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.
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Additional Information
- Year Built
- 1910
- School District
- Grandview
- Elementary School
- Conn-West
- Middle School
- Grandview
- High School
- Grandview
- Garage
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Frame
- Water
- Public
- Cooling
- Electric
- Heating
- Natural Gas
- Taxes
- $3,679
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Listing courtesy of Ashley Wilson of 1st Class Real Estate KC.
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