208 S Willis Ave Independence, MO 64050

Listing details for 208 S Willis Ave, Independence, MO 64050 : Cash flow is king with this triplex! If you're looking for the 1% rule, look no further! This converted residence has a 3 bedroom and 1 bathroom unit on the main floor that has an in unit utility room (washer/dryer STAY!)! The top floor hosts two, 1 bedroom/1 bathroom units! All utilities are metered separately with the exception of water (which tenants are charged a flat $40/month water fee). Both of the 1 bedroom/1 bathroom units are rented and the bottom 3 bedroom/1 bathroom unit is currently in between tenants and ready for a move-in. There is a private driveway and a nice backyard with alley access. 1 bedroom/1 bathrooms are rented for $550 + $40 (water fee) = $590 3 bedroom/1bathroom can easily rent for $1150 and with some minor updates could likely rent for around $1300. Seller has never occupied property. Seller is owner/agent.