Stabilized triplex investment opportunity generating $2,440/month from two occupied units with additional upside from one vacant unit ready for lease-up. Unit mix includes two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Current rents are $1,190 and $1,250 with the vacant 2-bedroom previously rented at $1,050/month, bringing total gross income to $3,490/month ($41,880 annually). Seller-provided operating expenses currently total approximately $1,145/month including utilities, taxes, and insurance. The property features a stone and frame exterior, large covered front porch, basement access, and off-street parking. Utilities are currently landlord-paid, creating potential operational upside through tenant reimbursement or future expense optimization. Located near Benton Blvd, Linwood Blvd, and US-71 access with convenient connectivity to downtown Kansas City.
Listed By
Agency Name: KW KANSAS CITY METRO
Agency Phone: 913-825-7500
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
2637 E 29th Street | MLS# 2606714
This multi-family property located at 2637 E 29th Street, Kansas City, MO 64128 is currently listed for sale with an asking price of call for price. E 29th Street is located within the Kansas City Mo school district. Search Kansas City real estate on www.trophypa.com today.