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.
| MLS # | 2610158 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1912 |
| Days On Site | 150 |
| Listing Provided By | KW KANSAS CITY METRO | We Heart Homes Team |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,022 |
| Basement | Y |
| Acreage | 0.10 |
| Property | 376 |
|---|
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64130 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Oak Park |
| School District | Central |
| Elementary School | Martin Luther King |
| High School | Central |
| Listing VS Median (in Oak Park) | |
Price: $105,000 low | high Med: $231,950 sqft: 1,022 low | high Med: 1,038 $ / sqft: $103 low | high Med: $224 On site: 150 low | high Med: 27.5 | |
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64130 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Oak Park |
| School District | Central |
| Elementary School | Martin Luther King |
| High School | Central |
| Listing VS Median (in Oak Park) | |
Price: $105,000 low | high Med: $231,950 sqft: 1,022 low | high Med: 1,038 $ / sqft: $103 low | high Med: $224 On site: 150 low | high Med: 27.5 | |