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    SE 7th Pl, Lees Summit, MO 64063

    --beds
    7baths
    --sqft
    Package of Properties
    Built in ----
    -- sqft lot
    $1,131,200 Zestimate®
    $--/sqft
    $-- Estimated rent

    What's special

    Offering a turn-key multi-family investment portfolio of 6 units in Lees Summit Missouri that are maintained and updated inside and out, located in a great neighborhood within a highly rated school district. All are structured on long term year leases, two are next door and one just down the road. These units have a strong rental demand and over 95% occupancy rate. The package offers 3 BR and 2 BR units, oversized bedrooms and bathrooms, open living and kitchen area with dining, walk out to full deck and large yard, full garage, ample storage space, and upgraded features such as new appliances, newer flooring, newer paint. The gross annual income on the 6 units is $100,640.00 all on year leases. All six of the units can be sold as a halfplex and would have increased demand and market value for an owner-occupant. The current lease details the tenant responsible for utilities and trash service, as well as lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items, and all rents are paid and current. Duplexes in this condition and location continue to appreciate in value and are of high demand. 6 total units $100,640.00 Gross Income Turn-key, well maintained and updated All units have large main floor and bedrooms All units walk out to large deck and yard All units have attached garage All units within 1/4 mi of eachother Brick, Wood and Vinyl Siding Four - 3 Bedroom and 2 Full Bath Units Two - 2 Bedroom and 1.5 Bath Units 1416 & 1418 SE 7th Pl-MLS 2509733 1420 & 1422 SE 7th Pl-MLS 2509734 1029 Unit A&B SE 7th Terr-MLS 2509755 Year Leases-Tenant Pays all utilities & lawn maintenance $11,406.00 in Real Estate Taxes in 2023 $6,454.00 Owner Insurance Expense

    Zillow last checked: 7 hours ago

    Listing updated: January 29, 2025 at 10:42am

    Listing Provided by:

    Will Wiest 816-703-9066,

    Midwest Land Group

    Bought with:

    Will Wiest, 2014042751

    Midwest Land Group

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2509797MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 7
    Heating
    • Electric, Natural Gas
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Built-In Electric Oven, Ind Water Heaters
    • Laundry: In Basement, Utility Room
    Features
    • Has basement: Yes

    Property

    Parking
    • Parking features: Attached, Garage, Paved
    • Has attached garage: Yes
    Lot
    • Size: 2.75 Acres
    Details
    • Parcel number: 999999
    • Zoning: Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Package of Properties
    Materials
    • Brick Trim, Vinyl Siding, Wood Siding
    • Roof: Composition

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Ind Heat And Air, Separate Meters

    Community & neighborhood

    Location
    • Region: Lees Summit
    • Subdivision: Other

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: N/A

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability
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    Estimated market value

    $1,131,200