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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3012 College Avenue in Kansas City, MO is listed for $173,950. Built in 1909, on a 0.18 acres lot.

Agent Description

Fully Renovated and converted to a duplex! One side is a 2 bedroom, the other side is a 1 bedroom. Everything New! Fully Rented. Nothing Left to do but Cashflow! Units Rented at $1002 and $775. Would be a Fantastic Addition to a Portfolio. For Owner-Occupant, Just Can Move in After Lease Expiration and Continue to Rent out the Other Unit.

THIS PROPERTY IS BEING RE-LISTED AFTER SIGNIFICANT ADDITIONAL RENOVATIONS Renovated duplex producing immediate rental income. Property consists of two separate units, fully leased and generating a total of $1,777 per month ($21,324 annually). Unit mix: 1 bed / 1 bath and 2 bed / 1 bath.

Property has been fully renovated with new electrical and plumbing systems, updated kitchens, bathrooms, flooring, and interior finishes. Ideal for investor seeking a stabilized, cash-flowing asset with minimal near-term capital expenditures. One unit may be available for delivery vacant depending on lease terms (confirm with agent), making this suitable for house-hack or owner-occupant investor strategy.

Please do not disturb tenants. Showings by appointment only. Seller is offering a portfolio of 7 properties for sale. The portfolio offers a 9.6% cap rate and 18% COCR, producing approximately $37,000 in annual income after debt service. A T12 for the portfolio is attached to this listing. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only

Key Features

  • Built in 1909
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
1909

Monthly Cost Estimate

$930/mo

20% down · 6.5% · 30 years

Principal$126
Interest$754
Insurance$51

Estimates only. Actual payments may vary.

Location

3012 College Avenue

Kansas City, MO 64128

Santa Fe Annex

Property Details

Construction

Stone & Frame Wood Siding

Pool Features

Porch

Parking

Off Street

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3012 College Avenue is listed at $173,950. The estimated monthly payment is $754 based on 20% down at 6.5% interest.

Key features include: Built in 1909, 0.18 acre lot, 2 stories.

This property is listed by Andy Kogan and can be reached at 9135305904 or andy@elitepropertieskc.com.

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AK

Andy Kogan

Agent at KW KANSAS CITY METRO

(913) 530-5904

Listed by KW KANSAS CITY METRO

MLS# 2581686· Source: listhub· Updated 180 days ago

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3012 College Avenue, Kansas City, MO 64128

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