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217 & 219 N Oak ST Belton, MO 64012
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Key Details
Sold Price $458,000
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Sold
Purchase Type For Sale
Subdivision Twin Oaks
MLS Listing ID 2461433
Sold Date 01/10/24
Year Built 1972
Annual Tax Amount $1,504
Lot Size 0.412 Acres
Acres 0.41198346
Property Sub-Type Package of Properties
Source hmls
Property 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.
This is being sold as a package only, it will require a commercial loan or cash purchase. No upcoming vacancy to allow for owner-occupants.
Location
State MO
County Cass
Zoning C-2
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water City/Public - Verify
Structure Type Brick Veneer,Wood Siding
Schools
School District Belton
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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