11268 Bales Avenue
Kansas City, MO 64137
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1976 build
- – on site
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RARE OPPORTUNITY to own a 4-Plex in SKC! This excellent investment property is located in South Kansas City on a corner with easy highway access. ARE YOU LOOKING A HOUSE HACKING OPPORTUNITY? Whether you're a beginner or a seasoned investor, this property has something for everyone. Live in one unit and rent the others to offset your monthly mortgage payments and expenses. Each unit has a washer, dryer, and plenty of parking. Tenants pay for electricity and gas, water while the landlord is responsible for trash, and lawn care. The closing date is flexible. Hurry, as this one won't last! The 4-plex is $149,750 per unit with OVER $57K IN ANNUAL RENTAL INCOME! Why a 4-plex? The multifamily setup reduces the risk associated with vacancies, as multiple units spread the potential loss of income. Each unit is designed for low-maintenance living, allowing you to focus on growing your investment portfolio. Upgrade include NEW WINDOWS, FLOORING, KITCHENS, APPLIANCES and WASHER & DRYER IN EACH UNIT. Here's a breakdown of the units: Units 11274 have 3 bedrooms and 2 bathrooms and rent for $1350 monthly. NO current lease on unit 11272 VACANT. Unit 11268 is a 4 bedroom, 2 bath, and rents $1250 monthly. Unit 11270 is a 5-bedroom, 2.5-bath rents $1250 unit previously used as an Airbnb. The current lease ends 10/6/24.
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Last updated Aug 22, 2024
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MLS# 2472899 —
The Building
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Year Built:1976
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Age Description:41-50 Years
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Construction Materials:Concrete, Wood Siding
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Roof:Composition, Wood Shingle
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Basement:true
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Unit Type:4 Bedroom Or More
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# of Units Total:4
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Stories Total:2
Financial & Terms
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Listing Terms:Cash, Conventional, FHA, VA Loan
Location
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Directions:Take US Highway 71 S, Continue onto I-49, Take exit 182 turn right onto Red Bridge Road. Turn left on Cleveland. Turn right onto 112th Street, Continue straight onto Bridge Manor Drive, Turn Right onto Bales Road. The first property on the left side.
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:64-340-04-60-00-0-00-000
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Lot Size Dimensions:23749
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Lot Size SqFt:23749
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Lot Size Area:23749
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Lot Size Units:Square Feet
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Zoning:Residential
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 665-9920
- Office phone:
- (816) 525-7000
Taxes
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Tax Total Amount:9257
Heating & Cooling
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Cooling:Other
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Cooling:true
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Heating:Forced Air
Utilities
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Utilities:Other
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Sewer:City/Public
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Water Source:Public
Schools
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Elementary School:Warford
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Middle Or Junior School:Smith-Hale
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High School:Ruskin
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High School District:Hickman Mills
The Community
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Subdivision Name:Terrace Manor
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Association:false
Parking
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Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/20/24
Aug 20, 2024
|
Sold | HMLS | $599,000 | |
7/3/24
Jul 3, 2024
|
Pending | HMLS | $599,000 | |
6/13/24
Jun 13, 2024
|
Price Changed | HMLS | $599,000 | -7.7% |