5207 Independence Avenue
Kansas City, MO 64124

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MONSTER OPPORTUNITY FOR 16%-20% CAP RATE. Update and generate huge cash-flowing investment in the heart of urban KC with access to all facets of the city, highway systems, bus lines, businesses, and employment opportunity. A duplex for less than $40,000; seller's loss is buyer's opportunity! It just needs a second chance! Seller has adjacent triplex for sale at 5209 Independence. Could be package deal. Contact Listing Agent. AS-IS sale. OWNER FINANCE OPTION LOW DOWN PAYMENT Gross Income and expenses are an estimate using rental rates of $750 and $950 for annual income of $20,400 less $6000 in expenses (likely high). Cap rate was calculated using total cost after renovation of $90,000 Square footage estimated; exact measurements to be verified by buyer

Heartland MLS logo Listing courtesy of HMLS / Keller Williams Key Partners

Last checked: Checking… • Last updated Apr 17, 2024 •

MLS# 2225940 —

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Sale history

Date Event Source Price % Change
7/7/23
Price Changed HMLS
5/4/23
Listed / Active HMLS
8/3/22
Price Changed HMLS

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Multifamily Sold on 9/25/2020

$39,000

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