7916-7918 E 88th Terrace, Kansas City, MO 64138
- $269,950
- List Price
- $269,950
- MLS#
- 2623537
- Status
- ACTIVE
- Type
- Multifamily
- Sub Type
- Duplex
- Lot Size
- 10,447
- Acres
- 0.24
- Subdivision
- Westchester
Property Description
FULLY LEASED STABILIZED DUPLEX – INVESTOR OPPORTUNITY Turnkey duplex generating $2,550/month ($30,600 annually) in gross rental income. • Unit 16: $1,250/month • Unit 18: $1,300/month Both units feature a desirable 2BR / 2BA layout with 1,568 total sq. ft. of living space. LEASE STRUCTURE: Both units are currently occupied on month-to month leases, providing immediate income while allowing flexibility for future rent adjustments or potential owner occupancy. TENANT STABILITY: Current tenants have a history of consistent on-time payments and stable occupancy. INVESTMENT METRICS: Offered at $275,000, reflecting an estimated 7% projected net cap rate. PROPERTY DETAILS: • Built in 1965 • One-story duplex construction • Composition shingle roof • Forced air heating Located in a high-demand rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rare opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rights apply.
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Additional Information
- Year Built
- 1965
- School District
- Hickman Mills
- Hoa Amount
- 55
- Hoa Due
- Monthly
- Garage
- Yes
- Basement
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Brick/Mortar
- Water
- Public
- Cooling
- Electric
- Heating
- Natural Gas
- Taxes
- $1,574
- Zoning
- R-7.5
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Listing courtesy of Frankie Bellucci of Real Broker, LLC.
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