Investment property opportunity in Oak Grove with an excellent rental history and limited maintenance needs. Zillow includes "Unit A" in the address, but both units A and B will be part of the sale. Single-story, two-unit duplex with 3 bedrooms and 2 bathrooms in each unit. Concrete pad construction with vinyl siding and brick exterior have made for limited maintenance since its construction in 1999. The neighborhood is well-established, well-maintained, and a quality neighborhood of mixed single-family and duplex buildings. The property is located on a large corner lot approximately 1-2 minutes from Interstate 70, making it attractive for those who work in the Kansas City metro area, but want to live in a smaller community. The units contain many features that have attracted quality tenants: spacious rooms, ample parking, a garage for each unit, ample kitchen cabinet space, fireplaces, all electric utilities, and small touches such as coffered ceilings, ceiling fans, and jetted bathtubs. The unit facing the intersection has a very large yard for a rental unit. The units have an excellent rental history. One side has new tenants (as of March 2024) who replaced 8-year tenants (who replaced 7-year tenants). The other side has been occupied by the current tenants since 2021; they replaced tenants who had lived in the unit for 7 years. During the 21 years of current ownership, the units have drawn interest from small families and retirees who are downsizing and looking for single-story living. Most recent rental value was $1,275 per month. Seller is willing to pay a 2.5% buyer’s agent commission if the buyer has a licensed agent.
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