5824 Park Avenue, Kansas City, MO 64130

$69,950
2
BD
1
BA
768
SqFt

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List Price
$69,950
Price Change
▼ $5,000 1784170908
MLS#
2581969
Status
SHOW FOR BACKUPS
Type
Single Family Residential
Bedrooms
2
Bathrooms
1
Living Area
768
Lot Size
5,448
Acres
0.13
Subdivision
Belle Meade

Property Description

Don't miss out on this cute recently remodeled two bedroom home. This home would be a great addition to an investor's portfolio. Currently tenant occupied. Please do not disturb the tenants. Turnkey rental opportunity with immediate cash flow. This recently remodeled 2-bedroom, 1-bath home is currently tenant-occupied at $810/month, making it a strong addition to any investor’s portfolio. The property features updated interiors, low-maintenance finishes, and steady rental income from day one. With 768 sq ft on a 5,663 sq ft lot, this home offers solid fundamentals at an accessible price point. Tenant in place — please do not disturb. Showings through appointment only. Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR, producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to this listing. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only

Additional Information

Year Built
1924
School District
Kansas City Mo
Hoa Due
Annually
Lot Description
City Lot
Basement
Yes
Basement Description
Stone/Rock
Roof
Composition
Central Air
None
Sewer
Public Sewer
Architecture
Traditional
Construction
Frame, Stucco
Water
Public
Cooling
None
Heating
Forced Air
Taxes
$361

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Calculator source: Real Geeks

Listing courtesy of Andy Kogan of KW KANSAS CITY METRO.

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