10% cap rate & 22.9% leveraged return in this market, where can you find that? What a charming duplex in a great Independence neighborhood! 1st unit of duplex is a 3 bedroom 2 bathroom currently rented for $800/month until March 2020. Tenant has resided there since 2012. 2nd unit is a 1 bedroom 1 bathroom & has been completely renovated with fabulous refinished hardwoods, new flooring in kitchen & bathroom, fresh paint & a new stove. Members of ownership entity are licensed real estate professionals in MO.
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