1623-1625 S Scott AVE Pending Save Request In-Person Tour Request Virtual Tour
Independence,MO 64052
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Allen'S Resurvey
MLS Listing ID 2548852
Year Built 1960
Annual Tax Amount $115
Lot Size 0.312 Acres
Property Sub-Type Duplex
Property Description
Don't miss this prime opportunity to add a solid duplex to your investment portfolio in Independence, Missouri. Whether you're an experienced investor or just getting started, this property offers immediate and long-term cash flow potential. Each side of the duplex features 2 bedrooms, 1 bathroom, and a 1-car garage. The 1623 unit is currently vacant and just needs a little love to be ready for occupancy or to place a new tenant; market rent is estimated at $1,000–$1,100 per month. The 1625 unit is occupied by a long-term tenant with a lease in place through January 31, 2027, currently paying $975 per month. This property is a great fit for an owner-occupant who wants to live in one unit and generate rental income from the other, or for an investor looking to fully lease both sides for maximum cash flow. Recent updates include new water heaters in both units (2022), a roof replacement in 2018, and in 2024, new gutters, fascia, soffit, and downspouts, as well as freshly painted garage and front doors. This property comes with a 25-year tax abatement, with 19 years remaining—100% abatement (excluding land value) for the first 10 years and 50% for the next 15 years. The current owner only paid $115 in property taxes last year. Professional property management is already in place for added convenience if you choose to keep it. This is the perfect opportunity to generate passive income, reduce your housing costs, or secure a high-potential rental investment in a strong market.
Location
State MO
County Jackson
Zoning no
Interior
Heating Hot Water,Natural Gas
Cooling Electric
Laundry In Garage
Exterior
Parking Features true
Utilities Available Ind Heat And Air
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
Schools
Elementary Schools Procter
Middle Schools Bridger
High Schools William Chrisman
School District Independence
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional