About This Home
This 3-bedroom, 2-bathroom single family at 223 Groom Street in Liberty, MO is listed for $185,000 ($155 per sqft). Built in 1920, the home offers 1,197 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1920
- 0.20 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$989/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
223 Groom Street
Liberty, MO 64068
Groom's Addition
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 223 Groom Street is listed at $185,000 ($155/sqft). The estimated monthly payment is $989 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.20 acre lot.
This property is listed by Erich Henson and can be reached at 3212227585.
