Midtown KC - Occupied Duplex on Quiet Residential Street
Duplex for sale in the Central Hyde Park neighborhood of midtown Kansas City, Missouri. Close to UMKC, Westport, the Plaza, Power & Light District (downtown), the Crossroads, Martini Corner, the Nelson-Atkins Museum of Art, Saint Luke's Hospital, Academie Lafayette (Cherry Campus), Foreign Language Academy, and more. Great central location in a historic residential neighborhood, primarily of single-family homes. Very close to bus lines on Armour, Troost, or 39th Street.
- Fully occupied with quiet, responsible tenants in good standing
- Currently rented for well under market value. Recommend charging $850 for the 2-bed and $550 for the 1-bed for a total of $1,400/month and an 8% cap rate.
- Landlord currently pays the water utility at a cost of approx $100/month
- Shared laundry room on site
- Garbage disposals in both units
- Private driveway parking; no problem finding space on the street as well
- No basement. Shed at the back of the property is not in use.
- Built in 1955
- Total square footage is 1,817
- Annual taxes are +/- $1,738.00
Please note: There is NO central A/C. Tenants have always been content with window air conditioning units and it has not been a problem.
The larger 2-bed unit has carpeted bedrooms and bamboo hardwoods in the living room with big windows and lots of light. The 1-bed unit has carpet and is cozy and clean. We have great long-term tenants in place but we need to sell. Please don't disturb the tenants. Contact me directly for more information and pictures.
Call or text: 816-721-8047
Email: [email protected]