Completely Rehabbed and Leased Investment Duplex, $1,447/mo Income

1130810 E Aaron Laneindependence, Independence, MO 64052

$95,000 After Repair Value -
$69,900 Asking Price -
$0 Cost of Repairs =
$25,100 Potential Profit

Property Details

Asking Price $69,900

After Repair Value $95,000

Costs of Repairs $0

Potential Profit $25,100

Living Area 1150 ft2

Property Type Townhome

Bedrooms 4

Bathrooms 2

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

The following are all new: Roof, windows, refrigerators, ranges, water heaters, A/C units, heat units, garbage disposals, bathroom vanities, toilets, carpet, laundry room vinyl, all new electrical fixtures, new tile breakfast bar in 11308, new faucets throughout. New ceiling fans throughout, new interior 6 panel doors, new entry doors, new storm door, new stucco exterior, new patio slab, new concrete walkway, new crusher run driveway, completely dry basement for storage in 11310, new 6 foot privacy fence across the entire property.

The Duplex is fully occupied. One unit was pre-leased the other unit took 8 days to lease. Ads were placed on Craig\'s List and Postlets. All prospective tenants were required to pay a non-refundable $35 application fee to AAA Screening of Kansas City and were given a complete background check. Income and rental history were verified, criminal background check run, credit check run and civil judgements and Evictions records checked. All leases are for 1 year and require a 60 day advance notice to vacate.

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