About This Home
This 3-bedroom, 1-bathroom single family at 5107 E 40th Street in Kansas City, MO is listed for $99,000 ($63 per sqft). Built in 1953, the home offers 1,560 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1953
- 0.21 acre lot
Property Details
Amenities
INVESTOR OPPORTUNITY - Rent-ready 3BR 1.5-story SFR on a nearly quarter-acre lot in Vineyard Terrace. Buyer's choice at closing: property delivered vacant (current tenant has expressed intent to vacate) or with tenant in place - seller will accommodate.
Over $9,000 in recent updates: new roof, upgraded electrical panel, remodeled kitchen and bath, new flooring, refinished hardwoods, replacement windows, three window AC units. 1,560 sqft, full unfinished basement, 9,084 sqft lot. Underwritten at market rent of $1,200/mo, 8.0% projected cap at asking with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M).
Part of a 4-property KC SFR portfolio - portfolio pricing available for a buyer acquiring all four. Full financials, capex detail, and current lease available on request. Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.
Monthly Cost Estimate
$529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5107 E 40th Street
Kansas City, MO 64130
Vineyard Terrace
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 5107 E 40th Street is listed at $99,000 ($63/sqft). The estimated monthly payment is $530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1953, 0.21 acre lot.
This property is listed by We Heart Homes Team and can be reached at 8167458906.
