🔥 Turnkey Cash Deal in Kansas City, MO 64110 – Immediate Rental Income Opportunity! 🔥

Kansas City, MO, 64110 view full address
For Sale
Listed at: October 21st, 2024
Price
$240,000
ARV
$384,333
Gross Margin
$144,333
Sq. Footage
2208
Type
Single-Family
Parking
Garage
Year build
1921
Lot size
5227.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🏡 Single Family Home | 4 beds / 2 baths / 2,208 sqft
💰 Asking Price: $240,000 (Cash deal, tenant-occupied)
📈 ARV (After Repair Value): $384,333


Why This Deal is Ideal for Cash Investors:

🚀 Turnkey Investment with Immediate Cash Flow:
This turnkey property is currently rented at $1,600/month with a tenant on a month-to-month lease. Little to no renovations are needed, making this an ideal opportunity for an investor looking for immediate cash flow with minimal effort.

💰 Rental Income Potential:

  • Current Rent: $1,600/month

  • Long-Term Rental (LTR) Potential: $1,700/month

  • Short-Term Rental (STR) Potential: $2,708/month
    This property offers flexibility across multiple rental strategies, allowing you to maximize your rental income, whether you choose long-term or short-term tenants.

🔨 Minimal Rehab Needed:
The property is in great condition, with roof, HVAC, electrical, plumbing, and a 2023 water heater all in good working order. No major repairs are needed, so you can start generating cash flow immediately.

📈 Comps That Support the ARV:

  • 226 E 56th St, Kansas City, MO 64113: Sold for $494,000 (4 beds, 2.5 baths, 2,350 sqft)
    View Listing

  • 5905 Harrison St, Kansas City, MO 64110: Sold for $360,000 (4 beds, 2.5 baths, 2,176 sqft)
    View Listing

  • 5745 Harrison St, Kansas City, MO 64110: Sold for $299,900 (4 beds, 2 baths, 2,125 sqft)
    View Listing

These comps demonstrate a solid ARV of $384,333, providing a clear path to strong equity gains for the investor.


Real Numbers Breakdown:

  • Purchase Price: $240,000

  • ARV: $384,333

  • Current Rent: $1,600/month

  • Potential Rent:

    • LTR: $1,700/month

    • STR: $2,708/month


📅 Close of Escrow (COE): November 4th, 2024
🔑 Access: By appointment only, available after 2 PM with 24-hour notice. Updated photos are available here.

📞 Don’t Miss Out on This Turnkey Cash Deal! Secure this $240,000 property and capitalize on its ARV and rental potential. An ideal opportunity for investors looking for immediate income with minimal renovation.


💼 All offers due by: October 25, 2024.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Joseph Gross

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