[TURNKEY LITE 4PLEX] S. Mill St, Kansas City, KS

  • Price: $269,000
  • Rent: $2,600
  • Cap Rate: 7.4%
  • Monthly NOI: $1,797
  • Monthly Expenses: $803
  • Type: Fourplex
  • Year: 1930
  • Bedrooms: 4
  • Bathrooms: 5
  • Floor area: 2339

Shoebox in a good area (aka: perfect long term hold)! B neighborhood, in a massive growth path and super cool area.

Recent updates include roof, siding, windows, plumbing upgrades, electric upgrades, water heaters and hard surface flooring throughout. Vacant units are rent-ready with some minor repairs the seller will take care of as part of the inspection process.

2 of 4 units currently occupied. Those two tenants are long-term (15 years), however paying well under market rent. New owner will have option to increase their rents or replace them as tenants.

I'm interested in [TURNKEY LITE 4PLEX] S. Mill St, Kansas City, KS.

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