1100 S Noland Road
Independence, MO 64050
- 7 beds
- 3 baths
- 2,252 sqft
- 10,298 sqft lot
- $113 per sqft
- 1910 build
- – on site
Attention Investors: 8+ Years Rental Ready Program Home! Dreaming of investing in Independence, Mo? This is your chance to secure a remarkable property in the heart of town. Situated within walking distance of downtown Indep, this extraordinary property offers individual occupied rooms with wonderful tenants. The current owner, who once owned the esteemed Silver Heart Inn Bed & Breakfast known for its enthralling murder mystery dinners, has meticulously maintained this property's charm. Spanning two levels, the main floor features three private bedrooms, including one with its own ensuite bathroom. The shared areas consist of a communal bathroom, kitchen, laundry room, & a cozy sitting area. Moving upstairs, you'll find four private bedrooms, a communal bathroom, kitchen, laundry room, & a cozy sitting area. Currently, the property enjoys full occupancy, generating over $4,000 gross revenue monthly. That's not all! This turnkey investment comes complete with tasteful furnishings personally curated by the retiring owner. Each bedroom & common area has been thoughtfully decorated, allowing tenants to simply bring their bedding & settle into their new home seamlessly. Additionally, the property has three garage spaces in the rear lot, each contributing to the monthly income. A vacant shop in the basement presents yet another income-generating opportunity. Property is currently occupied by tenants, & we kindly request that their privacy be respected. Owner holds a landlord's City of Independence business license, Rental Ready Inspection required every two years. Current zoning restricts short-term rentals, making it unsuitable for Airbnb or similar platforms. Instead, this property is ideal for tenants seeking a minimum stay of 30+ days. Don't let this remarkable opportunity slip through your fingers. As the retiring owner passes the torch, you can step into this legacy investment & enjoy the fruits of their labor. Independence, Missouri awaits.
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Last updated Mar 27, 2024
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MLS# 2442548 —
Monthly cost estimate
Asking price
$255,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,365
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| Taxes | $128 |
| Insurance | $70 |
| Utilities | $258 See report |
| Total | $1,821/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/17/23
Sep 17, 2023
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Listed / Active | HMLS | $255,000 |