RARE OPPORTUNITY to own a 4-Plex in SKC! 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 $149,750 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex? 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 11274 have 3 bedrooms and 2 bathrooms and rent for $1350 monthly.
NO current lease on unit 11272 VACANT.
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.
Sold
Price Unknown
11268 Bales Ave, Kansas City, MO 64137
--beds
4baths
--sqft
Quadruplex
Built in 1976
-- sqft lot
$629,300 Zestimate®
$--/sqft
$1,925 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 22, 2024 at 09:48am
Listing Provided by:
Just Say Home KC Team 816-665-9920,
Keller Williams Platinum Prtnr,
Jennifer Smeltzer 816-665-9920,
Keller Williams Platinum Prtnr
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2472899

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Has cooling: Yes
Features
- Has basement: Yes
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 0.55 Acres
- Dimensions: 23749
Details
- Parcel number: 64340046000000000
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete, Wood Siding
- Roof: Composition,Wood
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Kansas City
- Subdivision: Terrace Manor
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$629,300