This listing is NOT a foreclosure. Fully Renovated 4-Plex | Turnkey Investment in Kansas City, KS 66104nSeize the opportunity to own this pofessionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors.nn Property Features:nn(4) Spacious units 2 bed / 1 bath eachnnAttached garages 1-car per unitnnLarge rear deck with private partitions for each tenantnnTenants pay all utilitiesnn Extensive Renovation (2021):nnNew roof, windows, exterior paint, rear deck, and landscapingnnInterior upgrades include:n Modern kitchens with stainless steel appliances (fridge, stove, microwave)n New bathrooms, flooring, and sliding glass doors throughoutnnMechanical updates:n 3 of 4 HVAC systems and hot water heaters replacedn 1 new garage doornn Income & Expense Overview:nnUnit 1: Vacant (Projected $1,050/month)nnUnit 2: $1,050/monthnnUnit 3: $1,050/monthnnUnit 4: $1,125/monthnnGross Annual Income (Fully Rented):nn(31,050+1,125)12=$51,075nAnnual Expenses:nnTaxes: $7,643.16nnInsurance: $3,871.06nnLawn Care: $600nnTotal Expenses: $12,114.22nnNet Operating Income (NOI):nn$
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51,075-$12,114.22=$38,960.78nnCap Rate - 8%This MLS Resale home is a multi family property located in KANSAS CITY. It offers 8494.00 sq. ft. in size, 8 beds and 4 baths. Review its detailed information and determine if this KANSAS CITY MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID1020217814
MLS Number2556535
Parcel Number032004
CountyWYANDOTTE
Bedrooms8
Bathrooms4.0
Living Area (sqft)3,072
Year Built01/01/1971
Property TypeMulti-family (5 or more units)
Lot Size8494.00 sq. ft.
Stories2
Total Units4
Total Rooms4
BasementFull Basement
HeatingYes
CoolingCentral
Roof TypeComposition Shingle
Style15
Construction TypeBrick
Exterior WallsBrick veneer