Great cash flow in Independence, MO. Built-in 1963, four solid brick duplexes offer a total of eight 2-bed/1-bath units. Each unit features central heat & air and a dedicated garage.
Why we love it: All two-bed units with garage parking. Upside on current rental rates.
The challenge: All units are a bit below market rent, a new PM is likely in order to fill up the two vacant units and push rent on all units.
The Value Add Play: Get rents up as leases turn over.