Listing courtesy of KW KANSAS CITY METRO
Property Description
INVESTOR OPPORTUNITY — Rent-ready 3BR SFR in the Paseo corridor. Last leased at $1,300/month. Over $25,000 in capital improvements 2023–2026: remodeled kitchen and bath, new flooring, fresh paint throughout, new interior doors. 3 bed / 1 bath layout — two bedrooms and full bath on main level with in-unit laundry; oversized third bedroom on upper level suitable as primary suite, office, or flex space. Full unfinished basement with mechanical access and storage. Quick access to US-71, downtown KC, and Midtown. 10.1% projected cap at asking with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M). Current taxes reflect pre- rehab assessment, buyer should underwrite to reassessed value. Part of a 4-property KC SFR portfolio, portfolio pricing available. Full financials, prior lease, and capex detail on request. Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.
Property Details and Features
- Appliances & Equipment
- Description: “Cooktop”, “Refrigerator”
- Basement
- Description: “Stone/Rock”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 0
- Bedrooms
- Total Bedrooms: 3
- Building
- Finished Area Above Grade: 1022
- Area: 1022
- Architecture: “Traditional”
- Construction Materials: “Frame”, “Wood Siding”
- Year Built: 1912
- Cooling
- Details: “Window Unit(s)”
- Exterior Features
- Patio Features: “Porch”
- Fence
- Description: “Metal”
- Fireplaces
- Total Fireplaces: 1
- Floors
- Flooring: “Carpet”, “Luxury Vinyl”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Forced Air”
- Home Owner’s Association
- Fee: 0
- Dues Frequency: None
- Laundry
- Description: “Off The Kitchen”
- Listing
- Status: Active
- Location
- Area: 202 – Kansas City Area (So. of River)
- County: Jackson
- Subdivision: Oak Park
- Lot
- Features: “City Lot”, “Level”
- Size: 4165
- Roof
- Description: “Composition”
- Schools
- Elementary: Martin Luther King
- Middle/Junior High: Central
- High School: Central
- Sewer
- Sewer: “Public Sewer”
- Utilities
- Water Source: “Public”
