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708 Logan Avenue

Independence, MO 64050
  • $129,950
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 2356969
$129,950
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Unit 1 - 2 Bed / 1 Bath featuring 2 covered porches with basement access/storage. This property needs a cosmetic rehab but has great potential! Estimated rent $850-950. Unit 2A - Long term tenants that take great care of the property and are looking to stay! This units bathroom just had a full remodel (Nov 21) Currently paying $435/mo. Minor interior renovations will be needed at turnover but they're a great asset to the building. Unit 2B - Previously rented for $575 with potential for more. Fully remodeled and move in ready. New Exterior Paint & main level unit repaired, cleaned out and ready for cosmetic improvements. New Windows on Main Level and one upper unit, New Roof, New HVAC & Water Heater. Cash on Cash return is approx 10.8% and would make an excellent addition to your portfolio. Cap Rate ($800 Insurance, 8% Management, $150/mo water, $1200 taxes) Landlord pays for water. Great location - mins from Hy-vee, Starbucks, public transportation and all the chain stores located just off 291.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Team Real Estate | eXp Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-01-15T23:44:46.867.

Based on information submitted to the MLS GRID as of 2022-01-15T23:44:46.867 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.teamre.com/homes/123681645
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708 Logan Avenue Independence, MO 64050

  • Price: $129,950
  • Status: Active
  • On Site: 44 Days
  • ID#: 2356969
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1920
Built
Neighborhood:
Eden Park
County:
Jackson
Area:
206 - Independence Area
School District:
Independence
Property Description
Unit 1 - 2 Bed / 1 Bath featuring 2 covered porches with basement access/storage. This property needs a cosmetic rehab but has great potential! Estimated rent $850-950. Unit 2A - Long term tenants that take great care of the property and are looking to stay! This units bathroom just had a full remodel (Nov 21) Currently paying $435/mo. Minor interior renovations will be needed at turnover but they're a great asset to the building. Unit 2B - Previously rented for $575 with potential for more. Fully remodeled and move in ready. New Exterior Paint & main level unit repaired, cleaned out and ready for cosmetic improvements. New Windows on Main Level and one upper unit, New Roof, New HVAC & Water Heater. Cash on Cash return is approx 10.8% and would make an excellent addition to your portfolio. Cap Rate ($800 Insurance, 8% Management, $150/mo water, $1200 taxes) Landlord pays for water. Great location - mins from Hy-vee, Starbucks, public transportation and all the chain stores located just off 291.
Exterior Features

Construction Materials Brick TrimFrame Garage YN No Parking Features Off Street Patio And Porch Features Covered DeckCovered Patio Roof Composition

Interior Features

Appliances MicrowaveRefrigeratorBuilt-In Electric Oven Basement YN Yes Cooling Window Unit(S) Cooling YN No Heating Forced Air Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 101 Years/More Association Fee 0 Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Converted Residence Sewer City/Public Tax Total Amount 1200 Utilities Cent Water Heater Water Source Public Zoning Res

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Exp Realty Llc.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Team Real Estate | eXp Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-01-15T23:44:46.867.

Based on information submitted to the MLS GRID as of 2022-01-15T23:44:46.867 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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