Calling all savvy rental property investors! This charming duplex offers two spacious 3 Bed/1.5 Bath units with excellent natural light. The roof was replaced in 2021 and windows in 2020. Both units are currently occupied at $1,200/month and $1,400/month (market rents ~$1,595). The units are in great condition with classic finishes, featuring finished basements and attached 2-car garages. These units are ideal for a variety of tenants. Nearly all major capital expenses are completed, leaving only cosmetic renovations with corresponding rental increases as opportunities for added value.
Located in family-friendly Blue Springs near Blue Springs School District schools (Blue Springs High, James Lewis Elementary), St. Mary’s Medical Center, convenient I-70/I-470 access, Lake Jacomo, Fleming Park, and Burr Oak Woods Conservation Area, this duplex combines dependable cash flow today with meaningful equity growth in a proven suburban market.
Why we love it: Large, private duplex units are always in demand with renters especially in top rated school districts. Most capital expenses completed so only cosmetics in the units are left.
The Challenge: Units are currently below market rents and will need rental increases as leases renew
The Value-add Play: Do light cosmetic refresh as units turn over to achieve market rents. Sell off the portfolio as individual duplexes on the exit to realize significant equity