Description of 1221 N Cottage St, Independence, MO 64050
Listing details for 1221 N Cottage St, Independence, MO 64050 : Fabulous duplex investment in a rising neighborhood! Unit 1221 just renewed lease for $700/mo. Seller renovated 1223 unit but is holding vacant for showings. Property has been inspected. Inspection report & repairs available in supplements. Fantastic Cash Flow! Would be great for an owner occupant to live in one side & lease the other! 10.00% cap rate & 21.90% cash on cash return based on pro-forma in supplements! Where can you find that in this market? Members of ownership are Missouri licensed RE professionals.
Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information