5025 Lydia Avenue | Fully Rehabbed Duplex Near the Plaza Welcome to 5025 Lydia Ave, an exceptional, turnkey duplex just minutes from the Country Club Plaza, Brookside, and UMKC! This three-story property has been completely rebuilt from the studs up in 2023—every system, surface, and finish is brand new, making this a truly maintenance-free investment for years to come. All permits were professionally pulled and completed to code for total peace of mind. Property Highlights Two spacious units spanning over 3,000 total sqft Apt A (Main Level): 2 Beds | 1 Bath | ~1,122 sq ft – currently rented for $1,300/month Apt B (Upper 2 Levels): 3 Beds | 2 Baths | ~1,890 sq ft – last rented for $2,100/month Full-gut renovation (2023) — all new plumbing, electrical, HVAC, windows, vinyl siding, exterior doors, asphalt driveway, front & back decks, and landscaping Three separate HVAC systems—one for each floor—for optimal comfort and efficiency Apt B features a large primary suite with a luxury master bath and a bonus kitchenette on the top level—ideal for extended stays or short-term rental flexibility Water separately billed back to tenants; lawn care & management already in place for effortless ownership Investment Appeal Fully turnkey with no deferred maintenance Projected annual gross rent: $40,800 Ideal for house hackers, mid-term rentals, or Airbnb investors Property taxes (2025): $6,900 | Insurance: $2,503 | Mgmt: $1,800 | Lawn: $600 Estimated NOI: ~$25,000 | Cap Rate: ~5.1 % Prime Midtown Location Unbeatable convenience — just 1.5 mi to the Plaza & Brookside dining, 1.3 mi to the Nelson-Atkins Museum, and walking distance to UMKC & Rockhurst University. Surrounded by redevelopment, including a new single-family home next door projected to sell at $550K, this area continues to appreciate rapidly. https://vimeo.com/1125979577?fl=pl&fe=sh
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