








Property Attributes
- MLS#2246386
- TypeMulti-Family
- CountyJACKSON
- CityKansas City
- AreaKansas City - MO
- NeighborhoodKelley & Bringhams Addition
- Zip64131
- StylePackage of Properties
- Price$ 568,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Wardell & Holmes Real Estate
Property Description
Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.
Price History | |
---|---|
10/5/2020 | Listed $568,000 |
General Features
Construction | Frame, Stone & Frame |
---|---|
Cooling | Central Electric, Window Unit(s) |
Heating | Forced Air Electric, Forced Air Gas |
Lease Contingency | Monthly, One Year Lease |
Roof | Composition |
School District | Kansas City Mo |
Sewer | City/Public |
Status | Active |
Subdivision | Kelley & Bringhams Addition |
Utilities | Separate Meters |
Water | City/Public |
Interior Features
# of Units | 11 |
---|---|
Basement | 1 |
Exterior Features
Parking Description | Off-Street, On Street |
---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool