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Twin Oaks Duplex Package - Lutz Sales & Investments

Twin Oaks Duplex Package

  • $459,000
Featured Pending
217-219 North Oak Street, Belton, Missouri, 64012
  • Duplex Package
  • Property Type
  • 4
  • Rooms
  • 4,200
  • Sq Ft
  • 1972
  • Year Built
Featured Pending
217-219 North Oak Street, Belton, Missouri, 64012
  • $459,000

Overview

  • Duplex Package
  • Property Type
  • 4
  • Rooms
  • 4,200
  • Sq Ft
  • 1972
  • Year Built

Description

Description: The Twin Oaks two duplex package allows investors to buy in the in-demand submarket of Belton, MO. Belton has a solidly employed tenant base who can’t get enough of renovated units. The two-bedroom and 1.5-bath units rent very well and have exactly what tenants look for – on-site laundry, at least one extra bedroom and bathroom along with yard space. This package includes 2 duplexes, a total of 4 units that are all currently leased at an average rent of $936/mo with a market rent $1,100/mo. This rent is already being achieved on one of the units with another nearly at this rate!

Why we love it: Low owner expenses and the liquidity of two separate duplexes.

The Challenge: One unit still needs cosmetic updates and one roof is end of life, see folder for a replacement quote.

  • Address 217 & 219 N Oak Street
  • City Belton
  • State/county Missouri
  • Zip/Postal Code 64012
  • Country United States

Details

Updated on November 21, 2023 at 10:24 pm
  • Price: $459,000
  • Property Size: 4,200 Sq Ft
  • Rooms: 4
  • Bathroom: Built In 1972
  • Garages: 4 Units
  • Year Built: 1972
  • Property Type: Duplex Package
  • Property Status: Pending

Contact Information

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Michelle Lutz
  • Michelle Lutz