3012 College Ave Kansas City, MO 64128

Listing details for 3012 College Ave, Kansas City, MO 64128 : Fully Renovated and converted to a duplex! One side is a 2 bedroom, the other side is a 1 bedroom. Everything New! Fully Rented. Nothing Left to do but Cashflow! Units Rented at $1002 and $775. Would be a Fantastic Addition to a Portfolio. For Owner-Occupant, Just Can Move in After Lease Expiration and Continue to Rent out the Other Unit. THIS PROPERTY IS BEING RE-LISTED AFTER SIGNIFICANT ADDITIONAL RENOVATIONS Renovated duplex producing immediate rental income. Property consists of two separate units, fully leased and generating a total of $1,777 per month ($21,324 annually). Unit mix: 1 bed / 1 bath and 2 bed / 1 bath. Property has been fully renovated with new electrical and plumbing systems, updated kitchens, bathrooms, flooring, and interior finishes. Ideal for investor seeking a stabilized, cash-flowing asset with minimal near-term capital expenditures. One unit may be available for delivery vacant depending on lease terms (confirm with agent), making this suitable for house-hack or owner-occupant investor strategy. Please do not disturb tenants. Showings by appointment only. Seller is offering a portfolio of 7 properties for sale. The portfolio offers 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