6135 Farrow AVE new Save Request In-Person Tour Request Virtual Tour
Kansas City,KS 66104
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Friedberg Hgts
MLS Listing ID 2556535
Year Built 1971
Annual Tax Amount $7,665
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
Fully Renovated 4-Plex | Turnkey Investment in Kansas City, KS 66104
Seize the opportunity to own this professionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors.
Property Features:
(4) Spacious units – 2 bed / 1 bath each
Attached garages – 1-car per unit
Large rear deck with private partitions for each tenant
Tenants pay all utilities
Extensive Renovation (2021):
New roof, windows, exterior paint, rear deck, and landscaping
Interior upgrades include:
– Modern kitchens with stainless steel appliances (fridge, stove, microwave)
– New bathrooms, flooring, and sliding glass doors throughout
Mechanical updates:
– 3 of 4 HVAC systems and hot water heaters replaced
– 1 new garage door
Income & Expense Overview:
Unit 1: Vacant (Projected $1,050/month)
Unit 2: $1,050/month
Unit 3: $1,050/month
Unit 4: $1,125/month
Gross Annual Income (Fully Rented):
(3×1,050+1,125)×12=$51,075
Annual Expenses:
Taxes: $7,643.16
Insurance: $3,871.06
Lawn Care: $600
Total Expenses: $12,114.22
Net Operating Income (NOI):
$51,075-$12,114.22=$38,960.78
Cap Rate - 8%
Location
State KS
County Wyandotte
Zoning MUL
Interior
Heating Natural Gas
Cooling Electric
Exterior
Exterior Feature Balcony
Parking Features true
Utilities Available Ind Heat And Air,Ind Water Heaters,Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water City/Public - Verify
Structure Type Brick/Mortar,Shingle Siding
Schools
School District Kansas City Ks
Others
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available