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FOR SALE
$649,000

11268 Bales Avenue
Kansas City, MO 64137

Fourplex, Multi-Family
Residential
4,492
Sq. Ft.
0.55
Acre Lot
Agent Websites> Missouri> Kansas City> 64137
RARE OPPORTUNITY to own a FULLY OCCUPIED 4-Plex! This excellent investment property is located in South Kansas City on a corner with easy highway access. ARE YOU LOOKING A HOUSE HACKING OPPORTUNITY? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $162,500 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex with 100% occupancy? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT.Here's a breakdown of the units: Units 11272 and 11274 have 3 bedrooms and 2 bathrooms and rent for $1250 and $1000 monthly. The current lease on unit 11272 ends 7/4/24, making it ideal for a home hack.Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly.Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.
2472899
Fourplex, Multi-Family, 2 Story
Jackson
1976
0.55 Acres
Public
2
Wood
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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