Seize a prime investment in Lathrop, MO, just north of Kansas City! This charming town hosts a meticulously maintained fourplex, featuring four 2 Bed/1 Bath units totaling 3,822 sq ft. Built from 2000 onwards, each unit boasts in-unit side by side washer/dryers, modern layouts and nice finishes. Abundant on-site parking available in front. One unit vacant for showings, this investment offers immediate cash flow. Realize fast growth potential in a high renter demand area. Ownership is a breeze with tenants paying all their own utilities and great third party property management is already in place if you would like to keep it simple. Alternatively you can manage yourself! Don't miss out on this exceptional investment! Building can also be purchased with 3 additional duplexes directly behind this building.
Discover an exceptional investment opportunity in Lathrop, Missouri located just north of Kansas City and part of the growing Metro area. Lathrop is a thriving town with a portfolio of 10 units spread across 2 legal parcels. Comprising 3 duplexes and 1 fourplex, these well-maintained properties total 9,546 sq ft, and 100% 2 bedroom units. Constructed from 1997 onwards, all units feature in-unit washer/dryers with modern layouts and finishes. Each property offers attached garages, while the fourplex provides convenient on-site parking. Currently, 100% occupied with the opportunity to cash flow from day one. This portfolio is an ideal blend of stability and potential for growth! 904 Short Street is also listed individually. MLS #2503143
Lathrop is located in Missouri. Lathrop, Missouri has a population of 2,527. Lathrop is more family-centric than the surrounding county with 34.98% of the households containing married families with children. The county average for households married with children is 34.26%.
The median household income in Lathrop, Missouri is $59,555. The median household income for the surrounding county is $63,876 compared to the national median of $69,021. The median age of people living in Lathrop is 34.4 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 39.9 inches per year, with 16.9 inches of snow per year.