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About This Home
This 0-bedroom, 0-bathroom residential multi family at 3422 E 54th Street in Kansas City, MO is listed for $170,000. Built in 1956, on a 0.15 acres lot.
True duplex property offering two separate units with individual entrances, ideal for investor or house-hack buyer. Property provides opportunity for rental income from both units or owner-occupancy with income from the second unit. Unit mix: 3 bed / 1 bath and 2 bed / 1 bath (see MLS fields for details).
Current rents: Unit A $750, Unit B Vacant. Room to grow rents significantly - Rentometer has median rents for this neighborhood at $1,190/mo. Total projected monthly income: $2,380. The property was fully renovated in 2022. New electrical, plumbing, and flooring.
Zero deferred maintenance. Easy to lease in this area. Strong rental demand location with long-term income potential. Property may be suitable for value-add or stabilization strategy depending on buyer's plan. 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. Please do not disturb tenants. Showings by appointment only. No owner financing. No creative financing. No wholesalers or assignable contracts. End buyers only
Key Features
- Built in 1956
- 0.15 acre lot
Property Details
Amenities
Monthly Cost Estimate
$909/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3422 E 54th Street
Kansas City, MO 64130
Cable Hills
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3422 E 54th Street is listed at $170,000. The estimated monthly payment is $737 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.15 acre lot.
This property is listed by Andy Kogan and can be reached at 9135305904 or andy@elitepropertieskc.com.
