GREAT 4PLEX WITH PLENTY OF CASH FLOWING/VALUE ADD OPTIONS~

AMAZING SEC 8 OPPORTUNITY

CALL STEVIE FOR MORE IN 602-625-3686

• Occupancy: Fully rented
• • $750 for 3 units [Tenants Month to Month]
  • $700 for 1 unit [Tenant Month to Month]
  • Market rents suggest $1,000 - $1,200/mo
  • The property would be GREAT for Section 8 tenants to maximize rents!!! 
• Condition notes: 
  • The property is ready to rent, it was renovated in 2017.
  • The hallway and stairs could use cosmetic touch-ups (carpet and paint)
  • Roof: 2017
• Monthly expenses: 
  • Water runs for $400 a month/ Water is not separately metered, the landlord pays for the water per the lease agreements.
  • General service for hallway and basement lights goes for $38 a month.
  • Taxes are about $1,855/ annually 
• Additional information:
  • The neighbor handles trash and dumpsters and has a contractor who hauls them.
  • There is no off-street parking, but plenty of street parking, and there is a long empty lot to the north, across the alley.
  • MLS Comp Report: Attached 
  • Additional comp .1 miles away: 3112 Peery Ave Kansas city, MO 64127 (Triplex) sold for $399,266 on May 9, 2024