$599,000
$599,000
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4214 Lloyd ST Kansas City, KS 66103
0.42 Acres Lot
Key Details
Sold Price $599,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Hutchisons Re
MLS Listing ID 2212825
Sold Date 06/17/20
Year Built 1958
Annual Tax Amount $5,678
Lot Size 0.420 Acres
Acres 0.4199954
Property Description
8 Garden Style Private Apartments located 1/2 Mile from KU Med with easy access to I-35. Plenty of parking for tenants & guests for these 2-bedroom/1 bath units. 5 of 8 units have been renovated and achieving average market rents (room to increase). Two vacant units ready for renovations that include washer/dryer in unit for approx. $12k total per unit for additional increased rent potential or value-add opportunity. Selling for higher cap rate than competitive properties due to vacant units & Cap Ex requirements Comprised of 4 separate buildings that contain 2 units each. 3 of the buildings have 4' +/- crawl space & the 4th building has full basement that can be converted to laundry space or potentially storage, extra unit, etc (Buyer to verify) for add. income. Pro Forma & T12 available upon request.
Location
State KS
County Wyandotte
Zoning KR2B
Rooms
Basement true
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Other
Building
Story 1
Sewer City/Public
Water Public
Structure Type Brick & Frame
Schools
School District Kansas City Ks
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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