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NICE fourplex in the heart of KCK and less than a mile to Strawberry Hill. The entire building had a makeover just 2 years ago including new roof, windows, and exterior paint, high efficient mini-split heating and cooling systems, interior paint, flooring, fixtures, kitchens, and appliances, plus laundry hookups in basement metered for each unit and structural work. Each unit is 1 bedroom, 1 bath and the building is fully occupied with gross monthly rent of $3,090 and tenants paying all their own utilities. Great opportunity for a turnkey investment at 6.8% cap rate OR potential for live-in house hacking opportunity as the condition of the property would easily pass for FHA low down payment owner occupant. Any way you look at it, it's an easy YES and opportunities like this do not come along often. Lots of new construction on the block also demonstrates this property is in the path of progress and revitalization.
- Directions
- From 7th & Washington in downtown KCK travel West on Washington towards 9th St. Property will be on your left. Parking is via the alley in the back.
- Subdivision
- Wyandotte City
- City
- Kansas City
- County
- Wyandotte
- Property Type
- Residential Income / Quadruplex
- Listing Updated
- Jul 29, 2024 at 7:07am
- MLS Number
- 2501698
- Property Tax
- $6,521
- Zoning
- $RP-5
- 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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