Turnkey rental property in Grandview, and several others available.   Owners have been looking at other investments both inside and outside of real estate.   Many properties have been sold, 5 of the remaining 10 are being marketed as of 7/22/24.   The remaining 10 properties are the best ones that have been kept for last as all remaining ones are low maintenance properties or low maintenance tenants or both.  Only 5 of the 10 properties are currently being sold.   A package deal for all 5, or possibly even all 10, would be considered.   These properties will not be sold at wholesale prices.   You will get very solid rentals at reasonable prices.

This property is a Duplex in the Belvedere area of Grandview.   Each side has 2 beds/1-bath, approximately 650sqft each.   Currently brings in $1460/mo between the 2 sides.  This is way under market rent, as all remaining properties are.   Run comps and you will see.

One tenant has been there around 20 years and pays $695/mo.   This person was a tenant 10-15 years before current owners purchased it in 2018.  This person has never, ever, called management for anything.   They take care of all issues.   Not that they have too, that’s just how they are.   Other tenant has been there 4 years, since 2020.   This tenant will occasionally call for a service request.    It’s always a valid request.   Nothing unreasonable.   Tenants are responsible for all utilities: electric, gas, water.   Management pays trash and lawn care.

Property is in good condition.    Obviously the one side will need rehabbed if and when that tenant leaves.   They’ve been there 20 years give or take.   The other side is not fancy, not dated, but reasonable.   It shouldn’t require more than a usual “Make Ready” when that time comes.    Roof, siding, and HVAC are all good.

Price is $190,000 firm.  Quantity discount may be possible but otherwise these are the prices.   Owners have been doing this a long time.   These properties will not be wholesale prices.   These are great properties if you're just starting out or adding to your portfolio.   There’s a very nice duplex on the next block over pending for $225,000.   All duplexes in this area have identical layouts for the most part.

Out of respect for tenants, properties will not be shown until there is a signed purchase contract.   Any pics sent or descriptions will be accurate.   Buyers will be given a chance to back out of contract until they view it and given time for inspections.

Anyone that knows what they are doing will want these properties.