Seize a prime investment in Lathrop, MO, just north of Kansas City! This charming town hosts a meticulously maintained fourplex, featuring four 2 Bed/1 Bath units totaling 3,822 sq ft. Built from 2000 onwards, each unit boasts in-unit side by side washer/dryers, modern layouts and nice finishes. Abundant on-site parking available in front. One unit vacant for showings, this investment offers immediate cash flow. Realize fast growth potential in a high renter demand area. Ownership is a breeze with tenants paying all their own utilities and great third party property management is already in place if you would like to keep it simple. Alternatively you can manage yourself! Don't miss out on this exceptional investment! Building can also be purchased with 3 additional duplexes directly behind this building.
The median home value in Lathrop, MO is $120,200. This is lower than the county median home value of $158,800. The national median home value is $219,700. The average price of homes sold in Lathrop, MO is $120,200. Approximately 60.26% of Lathrop homes are owned, compared to 35.04% rented, while 4.69% are vacant. Lathrop 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 Lathrop real estate agent to arrange a tour today!
Lathrop, Missouri has a population of 2,223. Lathrop is more family-centric than the surrounding county with 31.23% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in Lathrop, Missouri is $61,375. The median household income for the surrounding county is $57,591 compared to the national median of $57,652. The median age of people living in Lathrop is 35.5 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 40.2 inches per year, with 13.3 inches of snow per year.