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3305-3307 E 20th Terrace

Kansas City, MO 64127
  • $140,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 2397116
Price Reduced
$140,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

School District:

Description

Fantastic opportunity for cash flowing duplex. 10% Cap Rate, 20% Cash on Cash with 25% down conventional loan. Property has a corporate tenant (University Health) paying $857 / mo for 3307 with opportunity to place a similar tenant in 3305. Currently 3305 is boarded up for security, but there are functioning newer vinyl windows. 3305 could use a good clean and possibly new carpet, but is otherwise ready to go. 3307 is leased. Please do not disturb the tenant. 3305 is available for viewing and both units can be made available once under contract. They are identical. Well built building on a slab. Living room, kitchen, and utility room downstairs. 2 nice sized bedrooms and full bath upstairs. CRAZY low annual property tax at just $405 in 2021. This is a very economical building to operate. Window unit AC. Easy investment for anyone looking for good returns, or also has potential to live in one side and continue renting the other and have your mortgage paid by the rents! Easy highway access and not far from the booming 18th & Vine district with lots of new construction and amenities happening. Property is being offered as-is / inspections for buyer's info only.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Austin Home Team at Keller Williams Realty Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-10-02T23:45:09.307.

Based on information submitted to the MLS GRID as of 2022-10-02T23:45:09.307 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.theaustinhometeamkc.com/homes/131546075
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3305-3307 E 20th Terrace Kansas City, MO 64127

  • Price: $140,000
  • Status: Active
  • On Site: 60 Days
  • ID#: 2397116
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1950
Built
Neighborhood:
Scheibe Place
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
Fantastic opportunity for cash flowing duplex. 10% Cap Rate, 20% Cash on Cash with 25% down conventional loan. Property has a corporate tenant (University Health) paying $857 / mo for 3307 with opportunity to place a similar tenant in 3305. Currently 3305 is boarded up for security, but there are functioning newer vinyl windows. 3305 could use a good clean and possibly new carpet, but is otherwise ready to go. 3307 is leased. Please do not disturb the tenant. 3305 is available for viewing and both units can be made available once under contract. They are identical. Well built building on a slab. Living room, kitchen, and utility room downstairs. 2 nice sized bedrooms and full bath upstairs. CRAZY low annual property tax at just $405 in 2021. This is a very economical building to operate. Window unit AC. Easy investment for anyone looking for good returns, or also has potential to live in one side and continue renting the other and have your mortgage paid by the rents! Easy highway access and not far from the booming 18th & Vine district with lots of new construction and amenities happening. Property is being offered as-is / inspections for buyer's info only.
Exterior Features

Construction Materials Frame Garage YN No Parking Features Off Street Parking Total 4 Roof Composition

Interior Features

Basement YN No Cooling Window Unit(S) Cooling YN No Heating Natural Gas Unit Type Type 2 Bedroom

Property Features

Age Description 51-75 Years Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Duplex Sewer City/Public Tax Total Amount 405 Utilities Ind Heat And AirInd Water HeatersSeparate Meters Water Source Public Zoning R2.5

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Local Agent.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Austin Home Team at Keller Williams Realty Partners do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-10-02T23:45:09.307.

Based on information submitted to the MLS GRID as of 2022-10-02T23:45:09.307 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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