223 Groom Street, Liberty, MO 64068
Description
New roof to be installed prior to closing, otherwise sold as-is. Excellent investment opportunity with immediate cash flow and strong upside potential. This tenant-occupied property is currently leased at $980/month, offering a clear path to increased returns with estimated market rent of approximately $1,350/month+ upon turnover. Or renovate for an expected ARV of $270,000. The current tenant has occupied the home for more than 15 years and has maintained the property well, both inside and out.
The property features a spacious detached garage/workshop, ample off-street parking, a fenced backyard with mature shade trees.
To respect the tenant’s privacy, the property is being offered with no interior showings prior to an accepted contract. Buyers will have the opportunity to inspect the interior during the inspection period. This is an ideal opportunity for investors seeking a stable, well-maintained rental with excellent long-term income potential.
Address
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Address 223 Groom Street, Liberty, MO 64068
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Country United States
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Province/State MO
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City/Town Liberty
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Neighborhood Groom's Addition
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Postal code/ZIP 64068
Overview
- Property ID HMS52761476
- Price $185,000
- Property Type Single Family Residence
- Property status Hold
- Bedrooms 3
- Bathrooms 2
- Year Built 1920
- Size 1,197 SqFt
- Land area 8,712 SqFt
- Garages 1
- Age Description 101 Years/More
- Appliances Dishwasher, Exhaust Fan, Microwave, Refrigerator, Electric Range
- Architectural Style Traditional
- Basement Cellar
- Full Bathrooms 2
- Total Bedrooms 3
- City Liberty
- County Clay
- Dining Area Features Eat-In Kitchen
- Directions From Leonard St, turn East onto Groom St.
- Fencing Metal
- Flooring Laminate
- Floor Plan Features 2 Stories
- Garage Spaces 1
- Parking Features Detached, Off Street
- Postal Code 64068
- High School District Liberty
- Subdivision Name Groom's Addition
- Year Built 1920