5208 E 8th Street, Kansas City, MO 64124

$399,900

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List Price
$399,900
MLS#
2636822
Status
ACTIVE
Type
Multifamily
Sub Type
Triplex
Lot Size
6,098
Acres
0.14
Subdivision
Collins' Addition

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#.

Additional Information

Year Built
1880
School District
Kansas City Mo
Basement
Yes
Roof
Composition
Central Air
Electric, Heat Pump
Sewer
Public Sewer
Construction
Stucco
Water
Public
Cooling
Electric, Heat Pump
Heating
Electric, Heat Pump
Taxes
$1,708
Zoning
Res

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Calculator source: Real Geeks

Listing courtesy of Devaune Johnson of Lifestyles Realty Missouri, INC.

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