Fully Renovated 4-Plex Turnkey Investment in Kansas City, KS 66104 Seize the opportunity to own this professionally 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.… Read More Property Features: (4) Spacious units – 2 bed / 1 bath each Attached garages – 1-car per unit Large rear deck with private partitions for each tenant Tenants pay all utilities Extensive Renovation (2021): New roof, windows, exterior paint, rear deck, and landscaping Interior upgrades include: – Modern kitchens with stainless steel appliances (fridge, stove, microwave) – New bathrooms, flooring, and sliding glass doors throughout Mechanical updates: – 3 of 4 HVAC systems and hot water heaters replaced – 1 new garage door Income & Expense Overview: Unit 1: Vacant (Projected $1,050/month) Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): (3×1,050+1,125)×12=$51,075 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Expenses: $12,114.22 Net Operating Income (NOI): $51,075-$12,114.22=$38,960.78 Cap Rate - 8% Read Less
Listing Snapshot
Days Online
0
Property Type
Quadruplex
Lot Size
0.19 Acres
Year Built
1971
MLS Number
HMS2556535
Additional Details
Building
Construction Materials: "Brick/Mortar", "Shingle Siding", Year Built: 1971
Cooling
Details: "Electric"
Exterior Features
Features: "Balcony", Patio Features: "Deck"
Heating
Heating: "Natural Gas"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 8276
Property
Zoning: MUL
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "City/Public - Verify", Utilities: "Ind Heat And Air", "Ind Water Heaters", "Separate Meters"
Listing courtesy of United Real Estate Kansas City 816-629-4494
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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