Lees Summit, MO 64063 SE 7th Place

Pending
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Presented By: Midwest Land Group
  • MLS# 2509797
  • 09/12/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Garage • 1

Home Details

Offering a turn-key multi-family investment portfolio of 6 units in Lees Summit Missouri that are maintained and updated inside and out, located in a great neighborhood within a highly rated school district. All are structured on long term year leases, two are next door and one just down the road. These units have a strong rental demand and over 95% occupancy rate. The package offers 3 BR and 2 BR units, oversized bedrooms and bathrooms, open living and kitchen area with dining, walk out to full deck and large yard, full garage, ample storage space, and upgraded features such as new appliances, newer flooring, newer paint. The gross annual income on the 6 units is $100,640.00 all on year leases. All six of the units can be sold as a halfplex and would have increased demand and market value for an owner-occupant. The current lease details the tenant responsible for utilities and trash service, as well as lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items, and all rents are paid and current. Duplexes in this condition and location continue to appreciate in value and are of high demand. 6 total units $100,640.00 Gross Income Turn-key, well maintained and updated All units have large main floor and bedrooms All units walk out to large deck and yard All units have attached garage All units within 1/4 mi of eachother Brick, Wood and Vinyl Siding Four - 3 Bedroom and 2 Full Bath Units Two - 2 Bedroom and 1.5 Bath Units 1416 & 1418 SE 7th Pl-MLS 2509733 1420 & 1422 SE 7th Pl-MLS 2509734 1029 Unit A&B SE 7th Terr-MLS 2509755 Year Leases-Tenant Pays all utilities & lawn maintenance $11,406.00 in Real Estate Taxes in 2023 $6,454.00 Owner Insurance Expense
Presented By: Midwest Land Group

Interior Features for SE 7th Place

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)Yes
Laundry FeaturesIn Basement, Utility Room
Total Stories2
Unit Type2 Bedroom, 3 Bedroom

General for SE 7th Place

AppliancesDishwasher, Built-In Electric Oven
Assoc Fee Paid PerNone
Association NameN/A
CityLee's Summit
Construction MaterialsBrick Trim, Vinyl Siding, Wood Siding
CoolingElectric, Heat Pump
CountyJackson
Directionscall agent or view indv. MLS listings
Garage Y/NYes
HMS_MaintenanceProvidedYNNo
HOA
HeatingElectric, Natural Gas
High SchoolLee's Summit
High School DistrictLee's Summit
Home Owner AssocNo
In Flood PlainNo
Lot Size Square Feet120000
Lot Size UnitsSquare Feet
MLS Area204 - Lee's Summit Area
Middle/Junior High SchoolPleasant Lea
NumberOfUnitsTotal6
PossessionNegotiable
Property SubTypePackage of Properties
Property TypeResidential Income
Public RemarksOffering a turn-key multi-family investment portfolio of 6 units in Lees Summit Missouri that are maintained and updated inside and out, located in a great neighborhood within a highly rated school di
RoofComposition
SewerCity/Public
Standard StatusPending
StatusPending
Subdivision NameOther
TermsCash, Conventional, 1031 Exchange
UtilitiesInd Heat And Air, Ind Water Heaters, Separate Meters
ZoningMulti

Exterior for SE 7th Place

Lot Size Area120000
Parking FeaturesAttached, Garage, Paved
Water SourcePublic

Additional Details

Price History

Schools

Middle School Pleasant Lea Middle School
High School Lee's Summit High School
Elementary School N/A

Worth Clark

Price $1,123,000
MLS#2509797
List Date 09/12/2024
Property Type Pending
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