NICE fourplex in the heart of KCK and less than a mile to Strawberry Hill. The entire building had a makeover just 2 years ago including new roof, windows, and exterior paint, high efficient mini-split heating and cooling systems, interior paint, flooring, fixtures, kitchens, and appliances, plus laundry hookups in basement metered for each unit and structural work. Each unit is 1 bedroom, 1 bath and the building is fully occupied with gross monthly rent of $3,090 and tenants paying all their own utilities. Great opportunity for a turnkey investment at 6.8% cap rate OR potential for live-in house hacking opportunity as the condition of the property would easily pass for FHA low down payment owner occupant. Any way you look at it, it's an easy YES and opportunities like this do not come along often. Lots of new construction on the block also demonstrates this property is in the path of progress and revitalization.
The median home value in Kansas City, KS is $163,900. This is lower than the county median home value of $164,800. The national median home value is $338,100. The average price of homes sold in Kansas City, KS is $163,900. Approximately 52.04% of Kansas City homes are owned, compared to 36.72% rented, while 11.24% are vacant. Kansas City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kansas City real estate agent to arrange a tour today!
Kansas City, Kansas 66101 has a population of 155,745. Kansas City 66101 is less family-centric than the surrounding county with 28.26% of the households containing married families with children. The county average for households married with children is 31.06%.
The median household income in Kansas City, Kansas 66101 is $50,707. The median household income for the surrounding county is $52,366 compared to the national median of $69,021. The median age of people living in Kansas City 66101 is 33.8 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 40.2 inches per year, with 16 inches of snow per year.