$64,950

3318 E 24th Street, Kansas City, MO 64127

About This Property

This nicely remodeled two-bedroom home is a great find for investors (home is tenant occupied) looking to add a solid property to their portfolio. The inside feels fresh and modern with plenty of upgrades, so it’s move-in ready and super comfortable. You’ll love the cozy front porch — perfect for hanging out with a cup of coffee or just relaxing after a long day. Inside, the open living and dining area gets lots of natural light and features new flooring and clean, updated finishes. The kitchen is updated with nice countertops, brand-new appliances, and plenty of cabinet space — great for cooking at home. Both bedrooms are a good size and flexible enough for a small family, a home office, or renters. The bathroom is bright and modern, too. Outside, there’s off-street parking, so you don’t have to worry about finding a spot. Plus, the backyard is a nice space to chill, garden, or entertain friends. Best of all, the location is super convenient with easy highway access just minutes away — perfect for commuting or weekend trips. Whether you’re buying your first home or adding to an investment portfolio, this place is a solid choice! 12% Cap Rate, fully renovated single-family home ideal for long term hold investor. Property features updated interior finishes and is leased for $875 per month with room to grow! Median rents in this neighborhood are $1,020 according to Rentometer. Strong demand for affordable housing in this area makes this a solid entry-level investment opportunity. Property was fully renovated in 2021. New framing, electrical, plumbing, HVAC, roof, flooring, kitchen and bathroom. This house has no deferred maintenance! Seller is o?ering a portfolio of 7 properties for sale. The portfolio o?ers a 9.6% cap rate and 18% COCR, producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to this listing. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only

Features & Details