Property Description

Rare opportunity to own a fully renovated, 100% occupied, turnkey fourplex in Kansas City, KS ? and start collecting cash flow from day one. Built in 1940 with timeless brick construction and a striking arched entry, it has been transformed from the studs up with a comprehensive 2022 capital overhaul: brand-new architectural shingle roof, individual mini-split HVAC systems in every unit, all-new water heaters, upgraded electrical panels, and new stainless steel appliances throughout. The interiors are nothing short of magazine-worthy ? luxury vinyl plank flooring, white shaker cabinetry, subway tile backsplashes, black countertops, and beautifully tiled bathrooms that tenants love calling home.All four 1BD/1BA units are individually metered for electric, gas, and water ? tenants pay every utility bill. The owners only utility exposure is a single basement gas line averaging just ~$85/month. Individual washer/dryer hookups were added to each unit in 2023, further enhancing tenant retention and rental appeal. One unit carries a government-backed Housing Choice Voucher with direct monthly payments from the housing authority ? essentially recession-proof income. Professional property management is in place and easily transferable to a new owner for a seamless transition.You bring the down payment; this property brings the income.

Property Features

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