$250,000
$250,000
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3343 Indiana AVE Kansas City, MO 64128
5,663 Sqft Lot
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Conrad & Mixon'S Addition
MLS Listing ID 2489657
Sold Date 09/16/24
Originating Board hmls
Year Built 1937
Annual Tax Amount $2,305
Lot Size 5,663 Sqft
Acres 0.13000458
Property Description
Price to sell! Incredible value add 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, the other unit is occupied. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has its 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 TENANTS IN OCCUPIED UNITS.
Location
State MO
County Jackson
Zoning MF
Interior
Heating Electric
Cooling Electric
Fireplace N
Appliance Refrigerator, Built-In Electric Oven
Exterior
Garage false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Synthetic
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame,Wood Siding
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
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