10510 East 8th Street, Independence, Missouri 64053, USA

A Great Investment Opportunity in Independence, MO

Property Details

A classic single-family house featuring 2 bedrooms, 1 bathroom, and 904 sqft of living space on a 5,545 sqft lot with a detached 2-car garage.

• Roof: Old

• Furnace: Old

• AC: N/A

• Plumbing: Old

• Electrical Panel: Old

• Water Heater: Old

The property will be delivered vacant at closing.

Investment Highlights

• Prime corner lot location in an established residential neighborhood close to a lake and forest

• Strong ARV confidence level of 9/10 with comparable sales ranging from $157,500 to $159,000

• 696 sqft unfinished basement offering opportunity to add substantial livable square footage

• Solid 1925 construction with original hardwood floors and traditional craftsman character

• High investor interest in this zipcode with an average of 10 interested buyers per blasted deal and 40% sales success rate

• Recent comparable sold in just 13 days for $159,000, demonstrating strong market demand

• Single-story layout with detached garage appeals to broad tenant and retail buyer pool

• Estimated rental income of $1,150 per month once renovated

Financial Summary

• ARV (After Repair Value): $150,000 - $160,000

A Wonderful Wholesale Opportunity!