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Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Manor South
MLS Listing ID 2409247
Sold Date 11/16/22
Year Built 1969
Annual Tax Amount $5,310
Lot Size 7,392 Sqft
Acres 0.16969697
Property Description
Amazing Investment opportunity. Easy to rent, these well-maintained units are turnkey where everything has been done for you to just collect the rent and cash flow. Check current rent rates in the area for upside rent potential in the property’s present condition. Tenants pay their own utilities, and are responsible for lawn mowing and snow removal. No HOA, common area utilities, or property management fees, allowing for maximum flexibility. This 2 Story 4-plex is fully rented, with all units nicely updated over the last 5 years. Major improvements completed during current ownership include electrical service upgrade, full sewer line replacement to the city line, newer vinyl double-pane windows and sliding glass doors to the decks, some newer HVAC systems and HWH, and all newer kitchen appliances. 900A has newer kitchen cabinets, countertops, and LVP flooring throughout the main floor. Southside half of the roof is 6 yrs. new. Two units are 3 bedroom, 1 full and 2 half bath. The middle two units are 2 bedroom, 1 full and 1 half bath. Low maintenance vinyl and masonry siding with a nice deck outback and a basement-level 1 car garage for each unit. See Multifamily Disclosure Rider and Operating Income Statement for rents, deposits and lease terms. Sale includes both 900 and 902 SW Kings Cross Rd. Showings to be arranged directly with the Listing Agent with a proof-of-funds or pre-approval letter and 24 hr notice. Listing Agent is Owner/Agent.
Location
State MO
County Jackson
Zoning unk
Rooms
Basement true
Interior
Interior Features Apply To All Units, Private Entry
Heating Forced Air
Cooling Electric
Fireplace N
Laundry In Basement, In Garage
Exterior
Garage true
Utilities Available Separate Meters
Roof Type Composition, Other
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame, Vinyl Siding
Schools
Elementary Schools William Bryant
Middle Schools Moreland Ridge
High Schools Blue Springs South
School District Blue Springs
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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