5208 E 8th Street

Kansas City, MO 64124

About this property

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#.

About this property

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#.

Features and Additional Information

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$399,900 Active
0 sqft

Presented By Coldwell Banker Distinctive Properties Bozeman

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1-816-683-1990
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Area Information

202 Kansas City Area (So. of River) | Jackson County | Collins' Addition

$ 399,900
This listing is play_arrow 263.5% higher than the average in the area
$ 110,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
19 days on site
This listing is play_arrow 92.5% below the average in the area
253 days on site in the area

Schools in the Area

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Listed By Devaune Johnson
Brokerage: Lifestyles Realty Missouri, INC

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