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6135 Farrow Avenue, Kansas City, KS 66104

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For Sale

$489,999

0.19 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Fully Renovated 4-Plex | Turnkey Investment in Kansas City, KS 66104 Seize the opportunity to own this professionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors. Property Features: (4) Spacious units 2 bed / 1 bath each Attached garages 1-car per unit Large rear deck with private partitions for each tenant Tenants pay all utilities Extensive Renovation (2021): New roof, windows, exterior paint, rear deck, and landscaping Interior upgrades include: Modern kitchens with stainless steel appliances (fridge, stove, microwave) New bathrooms, flooring, and sliding glass doors throughout Mechanical updates: 3 of 4 HVAC systems and hot water heaters replaced 1 new garage door Income & Expense Overview: Unit 1: $1,050/Month Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): ($4,275 )12=$51,300 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Operating Expenses: $12,114.22 Net Operating Income (NOI): $39,185.78, Cap Rate 8.01%. The property is tenant-occupied, and to respect their privacy, we re not conducting showings until we have a signed contract in place. We're happy to proceed with offers contingent on interior inspections.
MLS# 2556535

Courtesy Of United Real Estate Kansas City

(816) 629-4494

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.19 Acres
  • Rooms
    Basement

Map and Directions

Directions to 6135 Farrow Avenue, Kansas City, KS 66104

Home seller CENTURY 21 Pool Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pool Realty, Inc.

(913) 755-6565
Learn More About Us

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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