$52,000
$52,000
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2 Beds
1 Bath
786 SqFt
SOLD DATE : 04/30/2021
Key Details
Sold Price $52,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 786 sqft
Price per Sqft $66
Subdivision 85Th & Troost
MLS Listing ID 2259008
Sold Date 04/30/21
Style Cape Cod
Bedrooms 2
Full Baths 1
Year Built 1928
Lot Size 4,600 Sqft
Property Description
Cash flowing 8 unit portfolio with properties located in KCMO zip codes 64132 (3) 64131 (3), 64130 (1), and 64126(1). Many properties are located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 8.7% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases.
Location
State MO
County Jackson
Rooms
Basement true
Interior
Heating Natural Gas
Cooling None
Flooring Carpet
Fireplace N
Laundry In Basement
Exterior
Garage false
Garage Spaces 1.0
Fence Metal
Roof Type Composition
Building
Lot Description City Lot
Entry Level Bungalow
Sewer City/Public
Water Public
Structure Type Frame
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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