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3339 Indiana Avenue

Kansas City, MO 64128
  • $300,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 2477969
Price Reduced
UPDATED: 74 min ago
$300,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

School District:

Description

PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify. DO NOT DISTURB TENANT IN OCCUPIED UNIT.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Compass Realty Group do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-28T20:45:03.077.

Based on information submitted to the MLS GRID as of 2024-05-28T20:45:03.077 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.bryanbechler.com/homes/148640531
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3339 Indiana Avenue Kansas City, MO 64128

  • Price: $300,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 74 min ago
  • ID#: 2477969
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1937
Built
Neighborhood:
Conrad & Mixon's Addition
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify. DO NOT DISTURB TENANT IN OCCUPIED UNIT.
Exterior Features

Construction Materials Brick & FrameWood Siding Garage YN No Parking Features Off StreetOn Street Patio And Porch Features Covered DeckCovered Patio Roof Synthetic

Interior Features

Appliances RefrigeratorBuilt-In Electric OvenStainless Steel Appliance(s) Basement YN Yes Cooling Electric Cooling YN Yes Heating ElectricForced Air Unit Type Type 2 Bedroom3 Bedroom

Property Features

Age Description 76-100 Years Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalFHAVA Loan Maintenance Provided YN No Property Sub Type Quadruplex Sewer City/Public Tax Total Amount 2660 Utilities Ind Heat And AirInd Water HeatersSeparate Meters Water Source Public Zoning MF

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of One Roof Realty LLC.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Compass Realty Group do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-28T20:45:03.077.

Based on information submitted to the MLS GRID as of 2024-05-28T20:45:03.077 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Compass Realty Group
900 W. 48th Place, Suite 120
Kansas City MO, 64112