4770 RAILROAD Avenue, Shawnee, KS 66218
- $410,000
- List Price
- $410,000
- MLS#
- 2639324
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 17,967
- Acres
- 0.41
- Subdivision
- Wilder
Property Description
Turnkey triplex at 4770 Railroad Avenue offering immediate cash flow with room to grow. The front unit is a 3-bedroom, 1-bath currently leased month-to-month at $1,295, while the upstairs rear unit is a 3-bedroom, 1-bath with stackable washer and dryer, also leased month-to-month at $1,325. The downstairs rear unit is a 1-bedroom, 1-bath with stackable washer and dryer, currently vacant and ready for a new tenant or owner-occupant, giving a buyer flexibility to set market rent or move in immediately. All three units were remodeled within the last two years, reducing near-term capital expenditure and supporting stronger rent-to-value performance. Residents are responsible for all utilities, keeping operating expenses low and simplifying management. Month-to-month leases on two of the three units provide an investor the ability to reposition rents to market without waiting on lease expirations. A strong opportunity for an investor seeking updated construction, minimal deferred maintenance, and immediate income with upside. All information is deemed reliable but not guaranteed. Buyer/ Realtor to verify all information.
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Additional Information
- Year Built
- 1930
- School District
- Shawnee Mission
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Septic Tank
- Construction
- Frame, Vinyl Siding
- Water
- Public
- Cooling
- Electric
- Heating
- Natural Gas
- Taxes
- $3,545
- Zoning
- RES
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Listing courtesy of Devaune Johnson of Lifestyles Realty Missouri, INC.
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