$390,000
Excellent value-add opportunity in Kansas City! This brick multifamily property offers four finished units, all currently occupied, providing immediate rental income from day one with significant upside still available. The basement offers the opportunity for two additional units that have already been laid out and partially finished, with framing, electrical and plumbing in place. Complete the remaining work to potentially expand the property to six units, subject to city approval and applicable zoning requirements.
Situated on a double lot, the property offers additional space and flexibility that is hard to find with comparable multifamily investments. With all four finished units occupied and much of the groundwork already started for the additional basement units, this property combines established rental income with a compelling value-add opportunity.
A great option for an investor looking to expand their portfolio, increase future rental income and take advantage of the property’s additional unit potential.
8
Beds
⋅
4
Baths
4105 E Linwood Boulevard, Kansas City
Listing courtesy of Blythe Roberts of Advance Realty Group LLC.