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Calling all investors! Commercial 5 plex up north great investment in a great area. 2 studio apartments. 1 bath. 2, 1 bedroom. 1bath. 1, 2 bedroom. 2 bath. Close to shopping area, off-street concrete parking, some storage, separate electric meters and has a Huge Green Space. Offering a 6% cap rate. Great 1031 exchange property. Unit 1a. $679 (under rented) Unit 2b vacant 1/1 $799 have rental application for new tenant. Unit 3c 2-1 vacant previously rented for $850. Unit 4d 2-1 vacant previously rented for $800. Unit 5b 2-2 $875 rented Total rent $4,003 a month $48,036 gross annual income x .70 for leaves 30% for expenses, net income 33625/ 5000 is a 6% cap. Seller is a licensed salesperson in Missouri.
- Directions
- 152 Hwy. to N. Oak Tfwy, south to 88th Terr, right to N. Main to complex.
- Subdivision
- Bigham Heights
- City
- Kansas City
- County
- Clay
- Property Type
- Residential Income / Other
- Listing Updated
- May 01, 2024 at 12:05pm
- MLS Number
- 2467478
- Property Tax
- $2,794
- Zoning
- $Commer
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo 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 non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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