Address
8118 Paseo Boulevard Kansas City, MO
Price
$ 568,000
Property Attributes
  • MLS#2246386
  • TypeMulti-Family
  • CountyJACKSON
  • CityKansas City
  • AreaKansas City - MO
  • NeighborhoodKelley & Bringhams Addition
  • Zip64131
  • StylePackage of Properties
  • Price$ 568,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Wardell & Holmes Real Estate
Property Description

Cash flowing 11 unit portfolio with properties located in KCMO zip codes 64132 (6) 64131 (3), 64130 (1), and 64126(1). Many properties located in up and coming neighborhoods with equity opportunity as areas continue to develop. Currently operates at an ACTUAL 9.6% cap rate (32% expense ratio built-in). Mix of market and section 8 rent. Recession proof assets with upside potential via improvements and rent increases. Properties are being sold as-is. See supplements for OM & financials.

Price History
10/5/2020 Listed $568,000

General Features

Construction Frame, Stone & Frame
Cooling Central Electric, Window Unit(s)
Heating Forced Air Electric, Forced Air Gas
Lease Contingency Monthly, One Year Lease
Roof Composition
School District Kansas City Mo
Sewer City/Public
Status Active
Subdivision Kelley & Bringhams Addition
Utilities Separate Meters
Water City/Public

Interior Features

# of Units 11
Basement 1

Exterior Features

Parking Description Off-Street, On Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 64131

Price
AVG $660K
$570K
Visits
AVG 11
3
Walkscore
AVG 32
40
Data Provided by Walkscore ® not using MLS data

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