Here is a chance to own a money making duplex. Live on one side and rent the other or add to your portfolio. Each unit is 2 bedroom 1 bath with a full basement. Easy access to the interstate highways, just minutes to downtown or the Legends and lots more stuff.
This duplex consists of two separate units that make a great investment property. Both units feature a similar layout, with 2 bedrooms and 1 bathroom. Separate parking areas for each tenant. The interior of each unit offers comfortable living arrangements. Each renter has their own independent living area, kitchen, and laundry facilities. The duplex offers stable income due to the existing long-term renter. Low maintenance, great rental with the potential for higher rents makes this the ultimate investment. Must see! 24 hr notice required for rented unit. But welcome to see the vacant side anytime.
**Seller Financing Available** 100% occupied six-unit building with a favorable price-to-rent ratio! The Kensington Apartments complex was originally built in 1966 and has been well-maintained since. This small apartment complex is located just outside downtown Kansas City, Kansas with easy access to freeways, shopping, and parks. Each unit features a spacious living room with a patio, a functional kitchen, an oversized bathroom, and bedroom with a patio. Residents enjoy the convenience of dedicated off-street parking located behind the building. Income upside from adding on site laundry and get all units to market rent. This stabilized property offers a solid investment with potential for increased revenue in the future.
This is an INCOME RESTRICTED property with a LAND LEASE that offer upto 25% off the price of the Home. Buyers must meet income requirements. Qualified buyers are OWNER-OCCUPANTS whose household income is 120% or less of Area Median Income (AMI), which is as follows: $57,750 (single person); $66,000 (household of 2); $74,250 (household of 3); $82,500 (household of 4); $89,100 (household of 5). Buyers must complete an application with CHWC & obtain preapproval from a cooperating lender and close through sellers title company. Buyer will also be required to complete a HUD-approved homebuyer education class required prior to closing. Welcome to this beautifully rehabbed duplex, featuring two spacious units perfect for homeowners looking for additional rental income. This charming property offers a 3-bedroom unit upstairs and a 2-bedroom unit downstairs, each thoughtfully updated to provide modern comfort and style. Don't miss the opportunity to own this versatile and beautifully rehabbed property!
Description - Completely updated and spacious 2 story duplex in Kansas City, KS. Prime house hacking opportunity or great addition to your rental portfolio before the year end! All utilities separately metered plus it's completely turnkey. One side features 2 beds 2 full baths (showers) and the other features 2 beds 1.5 baths. All new doors, vinyl windows, lighting, flooring, kitchens and bathrooms. New asphalt parking lot in the rear with space for four cars. Tons of extra space with unfinished basements, offices and enclosed porches. New hot water tanks and one HVAC to be installed. Buyers agent to confirm all measurements.
The median home value in Kansas City, KS is $98,900. This is lower than the county median home value of $108,500. The national median home value is $219,700. The average price of homes sold in Kansas City, KS is $98,900. Approximately 49.33% of Kansas City homes are owned, compared to 38.15% rented, while 12.53% are vacant. Kansas City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kansas City real estate agent to arrange a tour today!
Kansas City, Kansas 66102 has a population of 151,042. Kansas City 66102 is less family-centric than the surrounding county with 28.4% of the households containing married families with children. The county average for households married with children is 28.81%.
The median household income in Kansas City, Kansas 66102 is $41,671. The median household income for the surrounding county is $42,783 compared to the national median of $57,652. The median age of people living in Kansas City 66102 is 33.4 years.
The average high temperature in July is 89.6 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 41.2 inches per year, with 14.4 inches of snow per year.