The Twin Oaks neighborhood in Belton, Missouri presents investors an opportunity to acquire cash flowing rentals in a growing submarket. These six duplexes are all either two bedroom or three bedroom townhome style units with one and a half bathrooms. Residents appreciate high-end upgrades, including new ceiling fans, LVP flooring, new countertops, and new appliances along with on site laundry, extra space in the basements for storage and/or a rec room, and ample green space in the neighborhood. Within the past 3 years, 11/12 units have been completely renovated by the current ownership. Units have separate meters for gas, electric, and water. Tenants pay trash. Landlord only pays property taxes, insurance, lawn care, and property management.
Belton's rental market is thriving, thanks in part to the rapid growth of the intermodal center, a major logistics hub for distribution across the country. For example, if you've ever ordered dog food from a major pet supply company, your package likely came through the intermodal center's distribution center! The Belton submarket has a strong base of employed tenants with strong demand for larger renovated townhome rental units. Belton is a growing area with strong rental demand for renovated units near ample employment. Don't miss out on this special opportunity!
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Price Unknown
223 N Oak St, Belton, MO 64012
--beds
2baths
--sqft
Package of Properties
Built in 1972
-- sqft lot
$1,233,700 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 30, 2024 at 07:59pm
Listing Provided by:
Lee Ripma 816-866-8322,
Lutz Sales + Investments
Bought with:
Lee Ripma, 2021021630
Lutz Sales + Investments
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2518491
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Electric
Features
- Has basement: Yes
Property
Parking
- Total spaces: 24
- Parking features: Off Site
Lot
- Size: 0.84 Acres
Details
- Parcel number: 1475200
- Zoning: C-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Package of Properties
Materials
- Brick Veneer, Wood Siding
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Belton
- Subdivision: Twin Oaks
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$1,233,700