Independence MO long term rental

[John Hoschouer]

Investment Info:

Single-family residence buy & hold investment in Independence.

Purchase price: $90,000
Cash invested: $40,000
Sale price: $1,650

This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life. And its in a great neighborhood! Just a short walking distance to the fantastic galleries, restaurants, and shops in the Englewood Arts District. This home is a great opportunity for an investor either as a rental or a flip. Or a young couple, with sweat equity, who want to make it their forever home. The AC unit is only 4 years old and hot water heater is new.