6135 Farrow AVE Kansas City, KS 66104
Mike Grbic
mikegrbicbroker@chime.meUPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Friedberg Hgts
MLS Listing ID 2556535
Year Built 1971
Annual Tax Amount $7,665
Lot Size 8,276 Sqft
Acres 0.18999082
Property Sub-Type Quadruplex
Source hmls
Property Description
Seize the opportunity to own this professionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors.
Property Features: (4) Spacious units 2 bed / 1 bath each
Attached garages 1-car per unit
Large rear deck with private partitions for each tenant
Tenants pay all utilities
Extensive Renovation (2021): New roof, windows, exterior paint, rear deck, and landscaping Interior upgrades include: Modern kitchens with stainless steel appliances (fridge, stove, microwave) New bathrooms, flooring, and sliding glass doors throughout Mechanical updates: 3 of 4 HVAC systems and hot water heaters replaced 1 new garage door
Income & Expense Overview: Unit 1: $1,050/Month Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): ($4,275 )12=$51,300 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Operating Expenses: $12,114.22 Net Operating Income (NOI): $39,185.78, Cap Rate – 8.01%.
“The property is tenant-occupied, and to respect their privacy, we're not conducting showings until we have a signed contract in place. We're happy to proceed with offers contingent on interior inspections.”
Location
State KS
County Wyandotte
Zoning MUL
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Exterior
Exterior Feature Balcony
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water City/Public - Verify
Structure Type Brick/Mortar,Shingle Siding
Schools
School District Kansas City Ks
Others
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
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