BEDS0
BATHS
MLS#2613144
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTerrace Manor
SCHOOLHickman Mills
Property Description
HIGH-PERFORMING ASSET! This 4,492 sq ft fourplex is a true cash-cow with a total gross monthly income of $6,900. Recent upgrades allow for premium rents, including unit 11274 secured at $1,600/mo on a 2-year contract. Unit 11268 is at $1,600, 11270 at $1,700, and the fully remodeled showcase unit (11272) is projected at $2,000/mo (unit currently in eviction process). Over $82k in annual gross income! Significant capital improvements including a new hot water tank, fresh paint, and modernized kitchens/baths. All units separately metered for gas/electric. This is a rare, high-cap rate opportunity in a high-demand area. See lease details in supplements.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Heating: Forced Air
Home Style: Quadruplex
Lot Size: 0.55 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Year Built: 1976
Feature Descriptions
Days on Site: 9
Exterior: Concrete, Wood Siding
Flood Plain: No
Lot Dimensions: 23749
Parking: On Street
Parking Notes: On Street
Sewer: Public Sewer
Unit: 4 Bedroom Or More
Units: 4
Utilities: Other
Water: Public
Local Schools
High School: Ruskin
Middle School: Smith-Hale
Elementary School: Warford
School District: Hickman Mills
Listed By / Shown
Listed By
Agency Name: Keller Williams KC North
Agency Phone: 816-452-4200
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties & Auction
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
11268 Bales Avenue | MLS# 2613144
This multi-family property located at 11268 Bales Avenue, Kansas City, MO 64137 is currently listed for sale with an asking price of call for price. Bales Avenue is located within the Hickman Mills school district. Search Kansas City real estate on wmartin.trophypa.com today.