920-924 SW Imperial Lane, Lee's Summit, MO 64064
- $775,000
- List Price
- $775,000
- Price Change
- ▼ $24,000 1783989893
- MLS#
- 2616759
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 3,692
- Acres
- 0.08
- Subdivision
- Other
Property Description
This well-built 2008 fourplex in the A-class Villas at Chapman Farms neighborhood offers a turnkey, low-maintenance investment or multi-generational housing opportunity featuring two 3-bedroom and two 2-bedroom units, all with 2.5 bathrooms, private garages, fireplaces, and slab granite countertops. Uniquely titled as two separate parcels under one roof, the property allows for flexible purchase options (either two or all four units) and currently generates $4,415 per month in rent, though these current rents are significantly under market value. Filling the single vacant 3-bedroom unit at a market rate of $1,850 brings the total projected gross monthly rent to $6,265. A professional property management company is already in place and ready to continue, or you can choose your own management to oversee the asset. A quarterly HOA fee of $1,800 handles the heavy lifting by covering a community pool, lawn care, snow removal, exterior and roof maintenance, and structure insurance. No seller finance, please do not ask. Information deemed reliable but not guaranteed.
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Additional Information
- Year Built
- 2008
- School District
- Lee's Summit
- Elementary School
- Mason Lee's Summit
- Middle School
- Bernard Campbell
- High School
- Lees Summit
- Hoa Amount
- 1800
- Hoa Due
- Quarterly
- Garage
- Yes
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Concrete, Vinyl Siding
- Water
- Public
- Cooling
- Electric
- Heating
- Electric
- Taxes
- $9,970
- Zoning
- RES
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Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
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