920-924 SW Imperial LN Lee's Summit, MO 64064
3,692 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2616759
HOA Fees $1,800/qua
Year Built 2008
Annual Tax Amount $9,970
Lot Size 3,692 Sqft
Acres 0.08475666
Property Sub-Type Quadruplex
Source hmls
Property Description
The property features two 3-bedroom and two 2-bedroom units, all with 2.5 baths, private garages, fireplaces and slab granite countertops. Current rents are strong yet remain below market, providing additional upside for the next owner.
And YES, there is an HOA—but this is an HOA an investor can appreciate. The $1,800 quarterly fee takes care of much of the expensive and time-consuming exterior ownership responsibility, including ROOFS, EXTERIOR MAINTENANCE, STRUCTURE INSURANCE, LAWN CARE, SNOW REMOVAL AND TRASH, plus residents enjoy a COMMUNITY POOL AND CLUBHOUSE. That means fewer surprise capital expenditures, less exterior maintenance and a remarkably easy rental property to own.
Even better, the property is uniquely titled as two separate parcels under one roof, creating flexibility to purchase either two units or all four. Professional property management is already in place and can continue for a truly turnkey transition.
Newer construction. A+ location. Strong rental demand. High rents with additional upside. Garages. Amenities. And an HOA that handles much of the heavy lifting. If you've been looking for a straightforward multifamily investment without inheriting someone else's deferred maintenance, THIS IS IT.
No seller financing. Please do not ask. Information deemed reliable but not guaranteed.
Location
State MO
County Jackson
Zoning RES
Interior
Heating Electric
Cooling Electric
Fireplace N
Laundry Utility Room
Exterior
Exterior Feature Private Entrance
Parking Features true
Pool In Ground
Utilities Available Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Concrete,Vinyl Siding
Schools
Elementary Schools Mason Lee'S Summit
Middle Schools Bernard Campbell
High Schools Lees Summit
School District Lee'S Summit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.dropbox.com/scl/fo/19vtt4q5fnpjrpqcdrttf/AIGer0JPUlfExOmQ3tHQPlI?rlkey=6u9dir6x7311191la9j2qu81p&st=yvi6btet&dl=0
