INVESTOR OPPORTUNITY Rent-ready 3BR 1.5-story SFR on a nearly quarter-acre lot in Vineyard Terrace. Buyer's choice at closing: property delivered vacant (current tenant has expressed intent to vacate) or with tenant in place seller will accommodate. Over $9,000 in recent updates: new roof, upgraded electrical panel, remodeled kitchen and bath, new flooring, refinished hardwoods, replacement windows, three window AC units. 1,560 sqft, full unfinished basement, 9,084 sqft lot. Underwritten at market rent of $1,200/mo, 8.0% projected cap at asking with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M). Part of a 4-property KC SFR portfolio portfolio pricing available for a buyer acquiring all four. Full financials, capex detail, and current lease available on request. Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.
| MLS # | 2610424 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1953 |
| Days On Site | 125 |
| Listing Provided By | KW KANSAS CITY METRO | We Heart Homes Team |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,560 |
| Basement | Y |
| Acreage | 0.21 |
| Property | 5248 |
|---|
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64130 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Vineyard Terrace |
| School District | Central |
| Elementary School | George Melcher |
| High School | Central |
| Listing VS Median (in Vineyard Terrace) | |
Price: $99,000 low | high Med: $116,000 sqft: 1,560 low | high Med: 1,600 $ / sqft: $63 low | high Med: $72 On site: 125 low | high Med: 196.5 | |
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64130 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Vineyard Terrace |
| School District | Central |
| Elementary School | George Melcher |
| High School | Central |
| Listing VS Median (in Vineyard Terrace) | |
Price: $99,000 low | high Med: $116,000 sqft: 1,560 low | high Med: 1,600 $ / sqft: $63 low | high Med: $72 On site: 125 low | high Med: 196.5 | |