Property Description

INVESTOR OPPORTUNITY ? Cash-flowing 2BR SFR with long-term Section 8 tenant inplace (6+ years, zero late payments). Current rent $1,200/mo, month-to-month. South Town ForkCreek neighborhood. New roof 2023. Wrap-around covered porch, 756 sqft on 4,356 sqft lot, fullunfinished basement. Interior dated but functional ? value-add potential for cosmetic refreshupon eventual turnover. 12.7% projected cap at asking with conservative underwriting (5%vacancy, 10% mgmt, 10% R&M). Existing property management conveys ? uninterruptedincome from day one. Part of a 4-property KC SFR portfolio ? portfolio pricing available for abuyer acquiring all four. Full financials, current lease, and payment history on request.Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.

Property Features

Local Schools