NOT LISTED FOR SALE
1 Bed
-- Bath
2,640 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: December 9, 2022

152 Days on Market

About This Home

As of December 2022

BACK ON MARKET! NO FAULT OF SELLERS. CALLING ON INVESTORS! Check out this unique investment opportunity. This converted house is now an awesome quadraplex that is yielding great income and ROI. Each unit (4 total) each boast 1-Bed 1-Full Bath, nice kitchen and living space. This property presents an opportunity for rent growth beyond the already 8% CAP Rate. House has been well-maintained and is truly a great opportunity.

Last Agent to Sell the Property

Jason Mummert

ReeceNichols - Eastland License #2016010612 Listed on: 06/16/2022

ReeceNichols - Eastland

Last Buyer's Agent

Sean McClain

Platinum Realty LLC License #2017016447

Platinum Realty LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1930

Lot Details

  • 0.36

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range
  • Basement

Additional Features

  • 15,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 26-930-01-16-01-0-00-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • On-Site Maintenance

Building Details

  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1930

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Age Description: 76-100 Years
  • Legal Description: EDWARDS ADD---LOT 4 (EX E 10')
  • Package: Yes
  • Year Built: 1930
  • Senior Community: No
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Jason Mummert
  • List Office Mls Id: RAN 12
  • List Office Name: ReeceNichols - Eastland
  • List Office Phone: 816-229-6391
  • Maintenance Description: Lawn
  • Maintenance Provided: Yes
  • Mls Status: Sold
  • Operating Expense: 5300
  • Phone Other: 8165196147
  • Phone Other Type: Cell
  • Special Documents Required: No
  • Tax Total Amount: 1254
  • Unit Type: 4 Bedroom Or More
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator, Rng/Oven- Free Std
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Other, Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Other

Utilities

  • Cooling: Central Electric, Other
  • Heating: Central Gas, Other
  • Sewer: City/Public, Public/City
  • Utilities: Ind Heat And Air, Ind Water Heaters, Other
  • Cooling: Yes
  • Water Source: City/Public, Public/City

Condo/Co-op/Association

  • Type Of Management: Owner Manager
  • Association Fee Frequency: Annually

Association/Amenities

  • Association: No

Lot Info

  • In Floodplain: No
  • Zoning: Blank
  • Building Area Total: 2640.00
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 15712.00
  • Parcel Number: 26-930-01-16-01-0-00-000

Rental Info

  • Existing Lease Terms: One Year Lease, Other

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Income: 27600
  • Current Occupancy Rate: 80-90%
  • Operating Expenses Include: Maintenance, Other, Personal Prop Tax, Property Insurance, Real Estate Tax, Refuse Collection, Sewer, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 1254.00

MLS Schools

  • School District: Independence

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold -- -- --
11/15/2022 11/15/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $274,500 0.0% $104 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $274,500 0.0% $104 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/17/2022 09/17/22 Price Changed $274,500 -1.8% $104 / Sq Ft
09/06/2022 09/06/22 Price Changed $279,500 -1.8% $106 / Sq Ft
08/26/2022 08/26/22 Price Changed $284,500 -1.0% $108 / Sq Ft
06/29/2022 06/29/22 Price Changed $287,500 -0.9% $109 / Sq Ft
06/16/2022 06/16/22 For Sale $290,000 -- $110 / Sq Ft
Source: Heartland MLS

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Map

Source: Heartland MLS

MLS Number: 2388291

Heartland MLS
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