REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Frankie Bellucci • Real Broker, LLC
$ 269,950
Est. payment /mo
New
7916-7918 E 88th TER Kansas City, MO 64138
10,447 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Westchester
MLS Listing ID 2623537
HOA Fees $55/mo
Year Built 1965
Annual Tax Amount $1,574
Lot Size 10,447 Sqft
Acres 0.23983012
Property Sub-Type Duplex
Source hmls
Property 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 DETAILS: •
Built in 1965 • One-story duplex construction • Composition shingle roof • Forced air heating Located in a high-demand
rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rare
opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rights
apply.
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 DETAILS: •
Built in 1965 • One-story duplex construction • Composition shingle roof • Forced air heating Located in a high-demand
rental pocket with a Walk Score of 70, supporting strong tenant demand and long-term appreciation potential. A rare
opportunity to acquire an income-producing duplex with immediate cash flow and operational flexibility. Tenant rights
apply.
Location
State MO
County Jackson
Zoning R-7.5
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Parking Features true
Utilities Available Other
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Hickman Mills
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
