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Listed by Blythe Roberts • Advance Realty Group LLC
$390,000
Est. payment /mo
8 Beds
4 Baths
3,020 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $129
Subdivision Washburn Heights
MLS Listing ID 2642940
Bedrooms 8
Full Baths 4
Year Built 1950
Annual Tax Amount $1,623
Lot Size 0.261 Acres
Acres 0.26120293
Property Sub-Type Other
Source hmls
Property Description
Excellent value-add opportunity in Kansas City! This brick multifamily property offers four finished units, all currently occupied, providing immediate rental income from day one with significant upside still available. The basement offers the opportunity for two additional units that have already been laid out and partially finished, with framing, electrical and plumbing in place. Complete the remaining work to potentially expand the property to six units, subject to city approval and applicable zoning requirements.
Situated on a double lot, the property offers additional space and flexibility that is hard to find with comparable multifamily investments. With all four finished units occupied and much of the groundwork already started for the additional basement units, this property combines established rental income with a compelling value-add opportunity.
A great option for an investor looking to expand their portfolio, increase future rental income and take advantage of the property's additional unit potential.
Situated on a double lot, the property offers additional space and flexibility that is hard to find with comparable multifamily investments. With all four finished units occupied and much of the groundwork already started for the additional basement units, this property combines established rental income with a compelling value-add opportunity.
A great option for an investor looking to expand their portfolio, increase future rental income and take advantage of the property's additional unit potential.
Location
State MO
County Jackson
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features false
Roof Type Composition
Building
Entry Level 2 Stories
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Kansas City Mo
Others
Ownership Investor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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