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Cathleen Keasey
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(314) 835-6000
Mobile Phone:
(618) 660-2615
ckeas@att.net

IL Lic # 475.162025
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SOLD
$375,000
Date 07/03/2023

3319 Indiana Avenue
Kansas City, MO 64128

Fourplex
Residence
0.1252
Lot Size
Update 6/20/2023: This one is under contract but we will have two more 4plex's with similar finishes and layouts coming up in next couple weeks. Reach out to listing agent for more info. $100 million+ in infrastructure redevelopment in adjacent area and more coming. Less than 10 min to downtown, Plaza, Westport, and Crossroads. 3 min to new police station, fire station, bank, big name chain grocery store, and large shopping center.Updated spacious units with front and back decks. Owner/AgentUnit mix: Three 2/1 unitsOne 3/1 unitAmple off-street parking.Projected 8%+ cap rate (PDF of Pro-forma in listing docs. 9%+ cap rate if going with voucher leases).Low maintenance: cosmetics and mechanicals all recently updated.Located in Qualified Opportunity Zone (QOZ).Next door 4plex appraised and sold for $385K within last 60 days. Potential to purchase additional adjacent turnkey 4-plex's as they come available Summer 2023. Sq footage approximate - Buyer's agent to verify. Owner/Agent: Listing agent is owner of LLC which owns the property.
2439928
Fourplex, 2 Story
Jackson
1937
0.1252 Acres
Public
2
Brick,Frame,Vinyl siding
City/Public
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