6135 Farrow AVE Kansas City, KS 66104
8,276 Sqft Lot
UPDATED:
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
Acres 0.18999082
Property Sub-Type Quadruplex
Source hmls
Property Description
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
Fireplace N
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
