106-108 Bellaire Avenue

Kansas City, MO 64123

$379,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great income producing 4 plex. Priced to beat the 1% rule, current monthly rent roll of $3881, and could be over $4K by the end of the year. This fantastic investment features 4 one bed, one bath units, each with living room, kitchen with separate eating area, and large closet. The property is currently enrolled in a federally funded program through a local hospital, so no need to worry about finding or screening tenants! This could be the perfect next addition to your investment portfolio.Great income producing 4 plex. Priced to beat the 1% rule, current monthly rent roll of $3881, and could be over $4K by the end of the year. This fantastic investment features 4 one bed, one bath units, each with living room, kitchen with separate eating area, and large closet. The property is currently enrolled in a federally funded program through a local hospital, so no need to worry about finding or screening tenants! This could be the perfect next addition to your investment portfolio.
  1. Listed by Chris Selle • Wardell & Holmes Real Estate • 573-356-6505

Property Details for 106-108 Bellaire Avenue

Zoning
res

Location

Listing Courtesy of Wardell & Holmes Real Estate
Add your commute
LISTING UPDATED: 03/27/2024 04:08 AM

Property Details for 106-108 Bellaire Avenue

StatusActive
MLS #2446783
Days on Market275
Taxes$969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1916
Lot Size0.05 AC / 2,161 SF
CountyJackson County

Location

Listing Courtesy of Wardell & Holmes Real Estate
Add your commute

Building Information for 106-108 Bellaire Avenue

Stories2Residences4Year Built1916Building Size-Lot Size0.05 AC / 2,161 SF

Payment Calculator

$2,149 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,068

Property Taxes

$81

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 106-108 Bellaire Avenue

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: East on Independence Ave to Van Brunt Blvd, north to St. John Ave, East to Bellaire
  • Latitude: 39.111916
  • Longitude: -94.513066
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Postal Code: 64123
  • State Or Province: MO
  • Subdivision Name: Collin's W H
Taxes and HOA Information
  • HOA Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $969.00
  • Parcel Number: 13-730-05-39-00-0-00-000
  • Tax Annual Amount: $969.00
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: On Street
Property
Lot Information
  • Building Area Total: 2240.0
  • Lot Size Area: 2,161.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 2,161.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick & Frame
  • Documents Available: Lease Agreements
  • Documents Count: 3
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: Unknown
  • Legal Description: The South 60 Feet of Lot 8, W.H. COLLINS' THIRD ADDITION, a subdivision of land in Kansas City, Jackson County, Missouri.
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 11
  • Year Built: 1916
Utilities
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Electric: 100 Amp Service,Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Possession: Funding
  • Roof: Composition
Interior Features
  • Appliances: Refrigerator, Built-In Electric Oven
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 4 Bedroom Or More
  • Cooling: Window Unit(s)
  • Central Air YN: No
  • Heating: Electric
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $41,136.00
  • Maintenance Description: Building Exterior,Lawn
  • Maintenance Provided YN: 1
  • Operating Expense: $5,742.00
  • Operating Expense Includes: Other, Real Estate Tax
Unit 1
  • Unit Type Unit Rent Includes: Electric,Sewer,Water
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Unit Rent Includes: Electric,Sewer,Water
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Unit Rent Includes: Electric,Sewer,Water
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Unit Rent Includes: Electric,Sewer,Water
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Rental
Rent Information
  • Current Occupancy Rate: 80-90%
  • Deposit: Platinum Title
  • Existing Lease Terms: One Year Lease

Property History for 106-108 Bellaire Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 106-108 Bellaire Avenue

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
James Elementary School
PublicPK to 6

Northeast Middle School
Public7 to 8

Northeast High School
Public9 to 12

Lincoln College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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106-108 Bellaire Avenue is a multi-family home for sale in Kansas City, MO 64123. This property was listed for sale on July 27, 2023 by Wardell & Holmes Real Estate, it's currently listed at $379,000. It has been on the market for a total of 275 days and was last sold on December 1, 2022. This listing's school district is Kansas City 33 School District. Nearby schools include James Elementary School, Northeast Middle School and Northeast High School. 106-108 Bellaire Avenue is a 0-bed, 0-bath, multi-family home built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wardell & Holmes Real Estate

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.