REDUCED FOR QUICK SALE! Excellent investment opportunity that is near the 1% rule currently with lots of additional value opportunities as well. Mixed use 4plex available in KCK. All 4 units leased out with long term tenants at over 4+ years each at below market rent for a total of $2,350 a month. Zoned commercial with one unit set up for residential tenant ($600/mo). The commercial tenants are a Barber Shop ($550/mo), Pet grooming/Pet store ($650/mo), and Alcoholics Anonymous ($550/month) All 4 units leased out for a total of $2,350 a month. Also included are two large open lots next door that are ready to be developed as well. The property comes with a Verizon Wireless phone tower in a fenced area. The lease on the tower is paid out until 2045 (to previous owner). After that, the new owner has the right to collect rent on the phone tower under a new lease.
DISCLAIMER: The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS").
Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Better Homes and Gardens Real Estate Kansas City Homes do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
Listing information last updated on October 21st, 2021 at 10:22am CDT.