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617-619 Newton ST Kansas City, MO 64125
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Mike Grbic
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Key Details
Sold Price $189,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision East Ridgeway
MLS Listing ID 2522415
Year Built 1940
Lot Size 0.322 Acres
Property Sub-Type Duplex
Property Description
Cash flow investors - this is the one for you! Side by side duplexes priced at 47k/door available for your portfolio today! All 1 bedroom units with W/D hookups. New Roof on both buildings! Two units are leased at $700/mo - with one vacant unit having a tenant moving in 1/1/25 and one vacant unit needing light rehab. $2100/mo revenue at purchase with gross potential rents at $2800 making this property a 13 cap. These duplexes come with 621 Newton as well - a 7,000 sq ft vacant lot next door! End of year bonus depreciation and cash flow is waiting for you - Schedule a tour today! Can be sold as a package with 3712/3714 Wabash Ave - MLS # 2520686
Location
State MO
County Jackson
Zoning R3
Interior
Heating Natural Gas
Cooling Window Unit(s)
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Other, Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Other
Schools
School District Other
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry, Private
Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry, Private
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