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Listed by Ashley Wilson • 1st Class Real Estate KC
$347,500
Est. payment /mo
6,266 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Grand View
MLS Listing ID 2643230
Year Built 1910
Annual Tax Amount $3,679
Lot Size 6,266 Sqft
Acres 0.14384757
Property Sub-Type Quadruplex
Source hmls
Property Description
INVESTOR OPPORTUNITY! Add a fully occupied, professionally managed income producing property to your portfolio with immediate cash flow from day one. This unique property consists of two duplexes with a total of four units, including two 2 bedroom units, one 1 bedroom unit, and one studio, plus a 2 car garage.
Current rents total $3,475 per month, putting this property at approximately the highly sought after 1% rent to purchase price ratio. With professional management already in place and all units currently occupied, this is an opportunity to step directly into a stabilized rental property without the hassle of filling vacancies.
Looking to expand your portfolio even further? This property can also be purchased as a package with MLS #2643226 for a combined purchase price of $440,000. Together, the properties generate $4,529.95 in monthly rents, exceeding the 1% monthly rent to purchase price ratio.
Whether you're growing an existing portfolio or looking for a strong multifamily investment, this property offers immediate income, multiple rental units, professional management, and the opportunity to acquire an additional cash flowing property as part of a package deal.
Current rents total $3,475 per month, putting this property at approximately the highly sought after 1% rent to purchase price ratio. With professional management already in place and all units currently occupied, this is an opportunity to step directly into a stabilized rental property without the hassle of filling vacancies.
Looking to expand your portfolio even further? This property can also be purchased as a package with MLS #2643226 for a combined purchase price of $440,000. Together, the properties generate $4,529.95 in monthly rents, exceeding the 1% monthly rent to purchase price ratio.
Whether you're growing an existing portfolio or looking for a strong multifamily investment, this property offers immediate income, multiple rental units, professional management, and the opportunity to acquire an additional cash flowing property as part of a package deal.
Location
State MO
County Jackson
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Parking Features true
Utilities Available Other
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Conn-West
Middle Schools Grandview
High Schools Grandview
School District Grandview
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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