Do Real Estate on the Go!
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Do Real Estate on the Go!
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$275,000
-- Bed
- 1 Bath
--sqft
7916-7918 E 88Th Ter, Kansas City, MO 64138
$275,000
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Duplex
Built in 1965
$5 HOA
10,447 sqft lot
--/sqft
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 DETAIL...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1965
HOA Fees
$5
Finished Area
- sqft
Lot Size
10,447 sqft lot
Basement Area
- sqft
MLS Name
Heartland MLS
MLS Number
2600479
MLS Status
Active
Days on Market
41
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