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Great Cash-flowing Rental

2402 S Sterling Ave Independence, MO 64052
Price:
$95,000
Address:
2402 S Sterling Ave
City:
Independence
State:
MO
Zip:
64052
Bedrooms:
2
Bathrooms:
1

Cash-flowing rental property for sale by owner. 2402 S. Sterling Ave is a converted house with two units: - Upstairs unit : 2 bedrooms, one bath, recently vacated, rented for $725 - Downstairs unit : 1 bedroom, one bath, currently rented at $580 by long-time tenant who recently signed a 12-month lease renewal Property is single metered, landlord pays utilities but charges back large percentage to upstairs tenant Single-car garage sits behind (potential to rent separately as storage unit), plenty of off-street parking for tenants Many improvements (including large capex) have been done to property since 2020: -New roof in Jan. 2020 - 30 yr Timberline -New 3 ton condenser and coil for AC installed May 2020 -New furnace in Dec. 2020 -Upstairs unit rehabbed in Jan 2020 (new stove, fridge, dishwasher, cabinets, countertops, floors) -Downstairs unit new refrigerator and stove in Feb. 2020

Extra Information for 2402 S Sterling Ave Independence, MO 64052
  • Seller Type: By Owner
  • Category: Single-Family Houses
  • Amenities: AC,Dishwasher,Parking,Refrigerator,Storage
  • Listed Date: Sep 17, 2022

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