Rare Multi-Family Home – Great for Investors

Asking $ 659,000
  • In the highly sought-after area of Lee’s Summit.
  • Highlighted features: turn-key property, open concept, contemporary bathroom design with vessel sinks and back-lite mirrors.
  • Modern tile backsplash, sleek ceiling fans, deep kitchen sinks, cozy wood-burning fireplace.
  • Tile and laminate hardwood floors, beautiful laminate countertops, recessed lights throughout, and shelving throughout.
  • Stainless steel appliances in all units – stove, refrigerator & dishwasher.
  • Central AC and heat.
  • The master bedroom has a vaulted ceiling and walk-in closet.
  • Washer and dryer connections.
  • Gutters replaced in 07/2022.
  • Sliding doors open to be greeted by a panoramic view of a gentle stream, a large patio area (built in 2018) with a fire pit, covered shelter, and pergola.
  • McKee Park Trail parallels the stream flowing behind the backyard.
  • No HOAs.
  • Highly rated schools nearby.
  • Five minutes from I-470, HWY 291, and HWY 50.
  • Flanked by three major parks on three sides.
  • Lake Jacomo/Fleming Park to the North; James A. Reed Memorial Wildlife Area to the South; and Lake Lotawana to the East.
  • DO NOT DISTURB TENANTS without proper notification.
  • Please provide pre-approval letter from a lender or proof of funds for a tour request.
  • Tours may be limited to exterior due to occupied units.
  • The interior tour is at the discretion of the tenants.
  • All units are rented long term until fall 2025.
  • End units are 3 beds 1.5 baths.
  • Middle units are 2 beds 1.5 baths. 457 (1343 sq ft): $1300 459 (1212 sq ft): $1315 461 (1212 sq ft): $1225 463 (1343 sq ft): $1300 Offers will be accepted between Saturday, May 25th until Sunday, June 2nd at midnight.
  • Please allow 24-48 hours to review the offers presented.
  • Updated On:
  • May 23, 2024
Property Id : 66300
Price: Asking $ 659,000
Rooms: 30
Bedrooms: 20.5
Bathrooms: 7.5
Year Built: 1985
Garage: Attached
Garage Size: 5
Rent (mo): 5230
ROI (ann): 17.7%
Cashflow (mo): 374
Property Taxes (mo): 665
Insurance (mo): 200
Repairs (mo): 400
Management Fee (mo): 371
Leasing Fee (ann): 1750
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
$ 3,947.75
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,124.00

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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