1420 & 1422 SE 7th Place Lee's Summit, MO 64063
Offering a turn-key investment property in an excellent neighborhood in the growing city of Lees Summit. This duplex is fully occupied with each unit containing 3 bedrooms and 2 full bathrooms. These units are very well maintained by the owner and property management company. These units offer oversized bedrooms and bathrooms, vaulted ceilings, open living and kitchen area with dining, full garage, ample storage space, and upgraded features such as oversized windows, new flooring, new paint, fireplace with hearth, and walkout to a deck with large yard and shade trees. Package MLS #2509797 Each unit is currently occupied on year lease agreements with the duplex providing a gross annual income of $34, 200 per year. Duplexes in this condition and location are rare to see on the open market as they continue to appreciate in value and are of high demand. The duplex is located in eastern Lee’s Summit within a mile from Hwy 50, Todd George Rd, and Hwy 291 offering convenient access to shopping, restaurants, schools and major roadways. Another upside to this duplex is the ability for the Duplex to be sold as indivuldal units, or a Halfplex. The duplex is on a large lot and a quiet street with similar properties nearby. 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. Don’t overlook this strong investment opportunity as it will not last long!
- Property TypeMulti-Family
- NeighborhoodOther
- CountyJackson
- Taxes$3,554
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusPending
- MLS ID Number2509734
- Home Size Source N/A
- Year Built1986
- Lot Size0.282 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction FrameWood Siding
- Parking AttachedGaragePaved
- Parking Spaces 6
- Number of Stories 2
- Water Public
- Property Sub Type Duplex
- Zoning Multi
- Sewer City/ Public
- Parking Total 6
Interior Features
- Cooling ElectricHeat Pump
- Heating ElectricNatural Gas
- Appliances DishwasherDryerRefrigeratorBuilt- In Electric OvenWasher
- Laundry Features In BasementUtility Room
Exterior Features
- Roof Composition
- Patio And Porch Deck
- Construction Details FrameWood Siding
Community Features
- Association Dues 0
- MLS Area 204 - Lee's Summit Area