[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.
Status:
For Sale
