Sold
1416 & 1418 SE 7th Place
Lee s Summit MO, 64063
N/A
Sold
Multi-family
Built in 1986
Offering a turn-key investment property in an excellent neighborhood in the growing city of Lees Summit. This duplex is fully occupied with each unit containing 3 bedrooms and 2 full bathrooms. These units are immaculate and have been very well maintained and and updated by the owner and property management company. These units offer oversized bedrooms and bathrooms, vaulted ceilings, open living and kitchen area with dining, full garage, ample storage space, and upgraded features such as oversized windows, new flooring, new paint including white trim and cabinetry, fireplace with hearth, and walkout to a deck with large yard and shade trees.
Each unit is currently occupied on year lease agreements with the duplex providing a gross annual income of $34,800 per year. Duplexes in this condition and location are rare to see on the open market as they continue to appreciate in value and are of high demand. The duplex is located in eastern Lee's Summit within a mile from Hwy 50, Todd George Rd, and Hwy 291 offering convenient access to shopping, restaurants, schools and major roadways.
Another upside to this duplex is the ability for the Duplex to be sold as individual units, or a Halfplex. The duplex is on a large lot and a quiet street with similar properties nearby. The current lease details the tenant responsible for utilities and trash service, as well as lawn mowing, maintenance, and snow removal. There are no outstanding maintenance items, and all rents are paid and current. Don't overlook this strong investment opportunity as it will not last long! Package MLS #2509797
2509733
MLSⓇ ID
September 11, 2024
Listed
November 22, 2024
Updated
Map
1416 & 1418 SE 7th Place
Lee s Summit MO, 64063
Interior Features
Total Stories
2
Appliances
Dishwasher, Dryer, Refrigerator, Built-In Electric Oven, Washer
Laundry Description
In Basement, Utility Room
Fireplace
No
Cooling
Yes
Cooling Description
Electric, Heat Pump
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.23 Acres
Roof
Composition
Sewer
City/Public
School Information
School District
Lee's Summit
High School
Lee's Summit
Elementary School
Prairie View
Other Property Details
Area Name
204 - Lee's Summit Area
Garage
Yes
Parking
Attached, Garage, Paved
Parking Total
6
View
No
County
Jackson
Water Source
Public
Pool
No
Zoning
Multi
Listing History
Date | Event | Price |
|---|---|---|
10/29/2024 | Sold | — |
9/24/2024 | Pending | — |
9/20/2024 | Price change | $379,000 -2% |
9/20/2024 | Active | — |
9/14/2024 | Pending | — |
Courtesy of Midwest Land Group, Will Wiest,
Listing Contact: 816-703-9066
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Data last updated: 11/22/2024, 7:11 AM UTC