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Platinum Realty, LLC
442 SW Brummel Road, Lee's Summit, MO 64081
- $?
- 2
- BD
- 2.5
- BA
- 1,479
- SqFt
- Sold Price
- $?
- List Price
- $400,000
- Status
- SOLD
- Closing Date
- Apr 17, 2026
- MLS#
- 2472973
- Subtype
- Residential
- Bedrooms
- 2
- Bathrooms
- 2.5
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,479
- Lot Size
- 1,832
- Acres
- 0.04
- Subdivision
- Village at New Longview
Property Description
Turnkey investment opportunity in the highly desirable Village at New Longview. This property is fully leased and currently generating $2,620 per month ($31,440 annually) in rental income, providing immediate cash flow from day one. Priced at $400,000, the property offers an estimated ~6% cap rate based on projected expenses. The HOA covers exterior maintenance, roof, exterior paint, and building insurance, significantly reducing owner responsibility and minimizing exposure to major capital expenditures. Located in one of Lee’s Summit’s premier low-maintenance communities with strong rental demand, this property presents an excellent opportunity for investors seeking stabilized income, limited exterior obligations, and long-term appreciation potential. With a tenant already in place and predictable operating costs, this is a clean, straightforward addition to any investment portfolio.
Additional Information
- HOA Includes
- Building Maint, Curbside Recycle, Lawn Service, Maintenance Free, Parking, Insurance, Roof Repair, Roof Replace, Snow Removal, Trash
- Heating
- Natural Gas
- Air Conditioning
- Electric
- Exterior Construction
- Lap Siding
- Roof
- Composition
- Parking Features
- Attached, Garage Faces Rear
- Garage Spaces
- 2
- School District
- Lee's Summit
- Elementary School
- Longview Farms
- Middle School
- Pleasant Lea
- High School
- Lee's Summit West
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Listing courtesy of Bryan Parrish of Keller Williams Realty Partners Inc..
Selling Office: .The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
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