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Off market
  • $326,440

    16012 E T C Lea Rd, Independence, MO 64050

    6beds
    0baths
    1,834sqft
    MultiFamily
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $178/sqft
    $1,773 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,773/mo

    Zestimate® history
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    What's special

    Please call 2178911250 for showings. There are two separate structures to this 4-plex. Collections have been 100% through COVID-19. This property is already 100% occupied and has been for a very long time with the same tenants.There is an onsite manager that takes care of snow, mowing, and general maintenance. Rent has not been raised in 2 years. We are projecting a 9.52% cash on cash return. Please contact us to see the historical financials and pro forma. We have owned for 2 years and have only heard from the tenants 2-3 times; we self manage and it is very hands off. Cap Ex: - New windows 2013 and 2015 - All new plumbing and HVAC in 2014 Drywall on ceiling is damaged in one room from leak on a decorative part of the roof. It leaked whenever there was odd weather and rain came in at strange angles. We sealed it haven't had a single issue since. Tenant is taking care of it with his drywall guy once covid calms down.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Features
    • Flooring: Carpet
    • Basement: Partially finished
    Interior area
    • Structure area source: County Records
    • Total interior livable area: 1,834 sqft

    Property

    Parking
    • Details: Off Street
    Features
    • Exterior features: Other, Stone
    Lot
    • Size: 0.99 Acres
    Details
    • Parcel number: 26110017400000000
    • Special conditions: Sale

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public
    • Water: Public

    Community & neighborhood

    Location
    • Region: Independence

    Other

    Other facts
    • WaterSource: Public
    • Heating: Forced Air, Gas
    • GarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 4
    • PetsAllowed: No
    • NumberOfUnitsInCommunity: 4
    • LotSizeSource: Owner
    • OperatingExpenseIncludes: Other, Trash, Water
    • Cooling: Other
    • TenantPays: Electricity, Cable TV/Satellite
    • OtherParking: Off Street
    • ParkingFeatures: Off Street
    • LotDimensionsSource: Owner
    • Sewer: Public
    • SpecialListingConditions: Sale
    • BuildingAreaSource: County Records
    • NetOperatingIncome: 1800.00
    • OperatingExpense: 150.00
    • GrossIncome: 1950.00
    • MlsStatus: Active
    • TaxAnnualAmount: 2274

    Price history

    DateEventPrice
    11/22/2020Listing removed$200,000$109/sqft
    Source: The Realty Dot, Inc #20078330 Report a problem
    10/28/2020Listed for sale$200,000+42.9%$109/sqft
    Source: The Realty Dot, Inc #20078330 Report a problem
    8/19/2015Listing removed$140,000$76/sqft
    Source: Keller Williams - Kansas City - Northland #1946649 Report a problem
    8/14/2015Price change$140,000-6.7%$76/sqft
    Source: Keller Williams - Kansas City - Northland #1946649 Report a problem
    7/15/2015Listed for sale$150,000+234.1%$82/sqft
    Source: Keller Williams KC North #1946649 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,297 +2.3%$62,023
    2023$4,199 +78.1%$62,023 +94.3%
    2022$2,358 +0%$31,920

    Find assessor info on the county website

    Neighborhood: Valley View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Korte Elem.
    • Middle: Clifford Jr. High
    • High: Van Horn High School
    • District: Independence 30

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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