Listed by Realty Executives of Kansas City
$590,000
Virginia Four-plex
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 931
Net Rentable (SqFt) 3,742
Units 4
Cap Rate 6.3%
NOI $37,167
Occupancy 100%
Price per SqFt $634
Broker Co-Op Yes
Class B
Year Built 1909
Year Renovated 2017,2023
Stories 2
Lot Size (SqFt) 6,195
Zoning Multi-Family Residential
Investment Type Stabilized
Sale Condition 1031 exchange
Turn Key Investment Property
Marketing description
Turnkey Multifamily Investment Property just East of The Country Club Plaza. Close to Midtown, Kansas City Art Institute , UMKC , (Two) 2 bedrooms 1 bath apartments upstairs , 2 bedrooms 1 bath with 3rd non- conforming room with large closet, and 1 bedroom 1 bath with 2nd non-conforming room with large closet on the first floor. All 4 units have Granite Countertops, Luxury Vinyl Plank flooring, Pantry, Tile Baths, Front & Back Porches, Fenced Back Yard. Stove/dishwasher/microwave/ refrigerator & stackable washer/dryers included. Long term tenants.
Listing Contacts
Listed by Realty Executives of Kansas City
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,167.00
$3,097.25/mo
Valuation Metrics
0
DSCR
6.3%
Cap Rate
6.3%
ROI
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