![NextHome Gadwood Group Logo](https://intranet.nexthome.com/Office/Logo/1320-NextHome-Gadwood-Group.png)
Property Attributes
- MLS#2477969
- TypeContingent
- CountyJACKSON
- CityKansas City
- Area202 - Kansas City Area
- NeighborhoodConrad & Mixons Addition
- Zip64128
- Style
- Year Built1937
- Taxes$ 2660
- Price$ 300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.133792 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify. DO NOT DISTURB TENANT IN OCCUPIED UNIT.
Price History | |
---|---|
3/16/2024 | Listed $325,000 |
5/21/2024 | 8% - $300,000 |
General Features
Sewer | City/Public |
---|---|
Heating | Electric,Forced Air |
Cooling | Electric |
Utilities | Ind Heat And Air,Ind Water Heaters,Separate Meters |
Roof | Synthetic |
Appliances | Refrigerator,Built-In Electric Oven,Stainless Steel Appliance(s) |
Zoning | MF |
Patio/Porch Features | Covered Deck,Covered Patio |
Construction Materials | Brick & Frame,Wood Siding |
Year Built | 1937 |
Property SubType | Quadruplex |
Assoc Fee Paid Per | None |
County | Jackson |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | Conrad & Mixon's Addition |
Garage Y/N | No |
Status | Show For Backups |
Directions | From Linwood,head south on Indiana,after 33rd St you will see 8 buildings in a row on the East side of the street. Building is second to last. |
City | Kansas City |
High School District | Kansas City Mo |
NumberOfUnitsTotal | 4 |
MLS Area | 202 - Kansas City Area (So. of River) |
Lot Size Units | Square Feet |
Lot Size Square Feet | 5828 |
Listing Terms | Cash,Conventional,FHA,VA Loan |
Public Remarks | PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store,strip center |
Standard Status | Active Under Contract |
In Flood Plain | No |
HMS_MaintenanceProvidedYN | No |
Interior Features
Total Stories | 2 |
---|---|
Basement (Y/N) | Yes |
Air Conditioning Y/N | Yes |
Unit Type | 2 Bedroom,3 Bedroom |
Exterior Features
Parking Features | Off Street,On Street |
---|---|
Water Source | Public |
Lot Size Area | 5828 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool