INVESTMENT OPPORTUNITY: 6905 E 112th St is offered as part of a two-property rental package with 11316 Lewis Ave for a combined purchase price of $375,000. Both homes are tenant-occupied, well-maintained and positioned to provide stabilized income from day one. 6905 E 112th St currently rents for $1,550 per month and offers the kind of condition that can be difficult to find in investment property. Thoughtfully updated with LVP flooring, quartz countertops, stainless steel appliances, an updated bathroom, newer driveway and fenced yard, this is not a project waiting for its next owner. It is an established rental with a tenant already in place. Together with 11316 Lewis Ave, currently rented for $1,950 per month, the package generates $3,500 in monthly rent and $42,000 in annual gross rental income. Both properties are located in the same 64134 area, creating additional efficiency for management and maintenance. For the investor looking to add quality doors without taking on the time, expense and uncertainty of acquiring, renovating and stabilizing multiple properties, this package offers an opportunity to step directly into two performing rentals with established tenants and immediate income. 6905 E 112th St (MLS #2640896) and 11316 Lewis Ave (MLS #2640900) are offered together for $375,000. Also available as Multifamily package (MLS #2640901). The properties can be purchased separately or together. Please do not disturb tenants.
Based on the average sale price from the Lee's Summit, MO office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
6905 E 112th Street Kansas City, MO is a Single Family Home for sale at $180000 with 972 sqft and a lot size of 0.223714 Acres Acre(s). 6905 E 112th Street Kansas City has 3 bedrooms, 1 baths and was built in 1953. The property's zip code is 64134 which is in Kansas City, MO
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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