6-Unit Brick Multifamily w/ Owner Financing!

Jackson County, Kansas City, MO, 64127
Sold
Listed at: February 26th, 2024
Price
$425,000
ARV
$550,000
Gross Margin
$125,000
Sq. Footage
2120
Type
Multifamily
Parking
On street
Year build
1913
Lot size
0.15 acres
Bedrooms
12
Bathrooms
6
Half Bathrooms
6
Summary

🏢 6-Unit Brick Multifamily w/ Owner Financing! 🏢

2507 Benton Blvd Kansas City, MO 64127

Sunflower Real Estate - Contract for Sale / Assignment

Off-market 6-unit brick apartment building with 2-bedroom units with 1.5 baths. This property has had a number of recent investments, including newer water heaters and upgraded furnaces. Currently, 4 of the units are leased, and 2 units need some updates to be rented back out. All units are all-electric with separate power (tenant paid) for each unit and newer water heaters. Possible laundry area in the basement to add additional revenue. The seller is willing to seller finance this property.

- 6 Units w/ 2-bed, 1.5-bath in each
- Newer water heaters plus other recent investments
- Upgraded furnaces, potential laundry area in basement
- Seller is willing to owner finance

ARV: $550K
Rental Range: ~$950 / mo
Starting Price: $425K

Photos: https://links.sunflowerhomebuyers.com/2507_Benton_Blvd_KCMO

All properties are sold As-Is for cash or hard money, which shall be verified by Seller. Minimum of $5,000 non-refundable earnest deposit is required along with a 21 day or less closing period. Opinions of value / rents / repairs are given as a courtesy and no guarantees are expressed or implied. All properties subject to errors, omissions, deletions, additions, cancellation. All properties sold in as-is conditions, where is with absolutely no warranty, no disclosure and no representations written or oral. Buyer is to do their own independent inspections and due diligence. Property will not be considered under contract until signed contract and earnest money is received, with all contingencies removed. One or more members of Sunflower Real Estate LLC is a licensed realtor in KS.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Treat

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Disposition manager