11268 Bales Avenue
11268 Bales Avenue
$649,000
—
—
—
—
Description
RARE OPPORTUNITY to own a FULLY OCCUPIED 4-Plex! This excellent investment property is located in South Kansas City on a corner with easy highway access. Are you looking a house hacking opportunity? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is...RARE OPPORTUNITY to own a FULLY OCCUPIED 4-Plex! This excellent investment property is located in South Kansas City on a corner with easy highway access. Are you looking a house hacking opportunity? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $162,500 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex with 100% occupancy? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT. Here's a breakdown of the units:
Units 11272 and 11274 have 3 bedrooms and 2 bathrooms and rent for $1250 and $1000 monthly. The current lease on unit 11272 ends 7/4/24, making it ideal for a home hack. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.
Units 11272 and 11274 have 3 bedrooms and 2 bathrooms and rent for $1250 and $1000 monthly. The current lease on unit 11272 ends 7/4/24, making it ideal for a home hack. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.
- Listed by Just Say Home KC Team • Keller Williams Platinum Prtnr • 816-665-9920
- Listed by Jennifer Smeltzer • Keller Williams Platinum Prtnr
Property Details for 11268 Bales Avenue
Zoning
Residential
Location
LISTING UPDATED: 04/16/2024 05:26 PM
Property Details for 11268 Bales Avenue
Status | Active |
---|---|
MLS # | 2472899 |
Days on Market | 43 |
Taxes | $9,257 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1976 |
Lot Size | 0.55 AC / 23,749 SF |
County | Jackson County |
Location
Building Information for 11268 Bales Avenue
Stories2Residences4Year Built1976Building Size-Lot Size0.55 AC / 23,749 SF
Payment Calculator
$4,313 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 11268 Bales Avenue
Property History for 11268 Bales Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11268 Bales Avenue
Taxable ValueLand$7,585Additions$101,318Total$108,903
Tax Record2023$9,257 ($771 / month)
Home Facts
Baths10Total Finished SqFt4,664 SqFtAbove Grade Finished SqFt4,664 SqFtStories2Lot Size23,958 SqFtStyleQuadraplexYear Built1976CountyJACKSONAPN64-340-04-60
Schools near 11268 Bales Avenue
This home is within Hickman Mills C-1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Warford Elementary School PublicK to 5 | ||
Ruskin High School Public9 to 12 | ||
Ervin Early Learning Center PublicPK to 5 |
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.