$599,000 $3,216 est/mo Sourced by Back At You

11268 Bales Avenue,Kansas City, MO 64137

Kansas City MO, 64137

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Description

RARE OPPORTUNITY to own a 4-Plex in SKC! This excellent investment property is located in South Kansas City on a corner with easy highway access. ARE YOU LOOKING A HOUSE HACKING OPPORTUNITY? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $149,750 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT. Here's a breakdown of the units: Units 11274 have 3 bedrooms and 2 bathrooms and rent for $1350 monthly. NO current lease on unit 11272 VACANT. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.

Details

MLS#2472899
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1976
Days On Site125
Listing Provided ByKeller Williams Platinum Prtnr | Just Say Home KC Team
Buying Commision2%

Features

BasementY
Story(s)2
Units4
ZoningResidential
Acreage0.55
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Listings Checked: 1 minute ago
StateMO
CountyJackson
CityKansas City
Zip Code64137
Area203 South K.C. Mo | Grandview Area
Community NameTerrace Manor
School DistrictRuskin
Elementary SchoolWarford
Middle SchoolSmith-Hale
High SchoolRuskin
Listing VS Median (in Terrace Manor)
Price:
$599,000
low | high
Med:
$0
On Site:
125
low | high
Med:
Sourced by Back At You
Listing Updated: July 3, 2024 at 6:39:04 PM PDT