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Listed by Devaune Johnson • Lifestyles Realty Missouri, INC
$399,900
Est. payment /mo
6,098 Sqft Lot
Active
5208 E 8th ST Kansas City, MO 64124
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Collins' Addition
MLS Listing ID 2636822
Year Built 1880
Annual Tax Amount $1,708
Lot Size 6,098 Sqft
Acres 0.13999082
Property Sub-Type Triplex
Source hmls
Property Description
Fully occupied triplex generating $3,633/month in combined rental income ($1,403 / $1,195 / $1,035), remodeled within the last two years. Main floor unit is a 3-bedroom, 1-bath; upper unit is a 2-bedroom, 1-bath; lower level unit is a 1-bedroom, 1-bath with two additional non-conforming bedrooms. All three units are currently leased, offering an investor immediate cash flow from day one with no lease-up period required. Recent renovations reduce near-term capital expenditure exposure, and the unit mix provides income diversification across three separate tenancies. Ideal addition to a buy-and-hold portfolio or 1031 exchange. ***Photos prior to resident move-in*** Buyer and/or buyer's agent to verify all square footage, room counts, income, lease terms, and property condition; all information is deemed reliable but not guaranteed. Can be purchased ask a package with MLS# 2634780 and MLS#.
Location
State MO
County Jackson
Zoning Res
Interior
Heating Electric, Heat Pump
Cooling Electric, Heat Pump
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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