Listed By
Agency Name: Legendary Apartment Brokers
Agency Phone: 816-591-0825
Shown By
Agency Title: Kansas City Real Estate, Inc.
Agency Phone: (816) 246-7700
Options everywhere with this 3BR/1BA opportunity?cash flow from day one, move in, or reposition over time. This property checks a lot of boxes for investors and owner occupants alike, offering a fantastic location with strong rental potential or an affordable entry point to live in. Located near Center High School and the Bannister Federal Complex, the property sits in a quiet neighborhood with tree-lined streets while still providing excellent access to major highways and key thoroughfares. The home is currently leased on a month-to-month basis, providing immediate flexibility for a new owner. Achieving over $1,000 per month in gross rents, it meets the 1% rule and presents a compelling cash flow opportunity. Pricing reflects an opportunity for built-in equity, with multiple nearby homes trading at higher price points. Major systems have been addressed with both the HVAC and hot water heater replaced within the last five years, reducing near-term capital needs. Additional features include off-street parking, an updated interior color scheme that appeals to todays renters, and a large backyard that is perfect for pets, outdoor use, or entertaining. Photos were taken prior to current occupancy, and additional details including a recent annual tenant inspection are available via the virtual tour link. Perfect as a starter home, first investment, or a strong addition to an expanding rental portfolio.
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Estimated Payment
$ 529.47 per month $500.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $28.88 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
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8241 Highland Avenue | MLS# 2610603
This single family home located at 8241 Highland Avenue, Kansas City, MO 64131 is currently listed for sale with an asking price of $99,000. This property was built in 1952 and has 3 bedrooms and 1 full baths with 1126 sq. ft. Highland Avenue is located in the Marlborough Highlands subdivision within the Center school district. Search Marlborough Highlands real estate on www.kansascityrealestate.com today.