Not your average rental property! This is a two-building property on a single lot, featuring a converted three-unit house in the front and a quadplex in the back. And that’s not all – this property is at an in-place impressive 9% cap rate, with additional income upside! Plus, on-site parking is available for your tenants’ convenience. The property features four 2-bedroom units, two 1-bedroom units, and one studio – each tenant is responsible for their own electric bill, while the landlord pays the water bill. This property qualifies for MOBUCK$ financing, lock in a commercial loan at an unbeatable ~5.5% interest rate! With such fantastic terms, you’ll have even more cash flow to reinvest in this property or your other ventures.
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Price Unknown
1104 N Scott Ave, Belton, MO 64012
--beds
0baths
--sqft
Apartment
Built in 1955
-- sqft lot
$459,600 Zestimate®
$--/sqft
$1,279 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 25, 2024 at 08:18am
Listing Provided by:
Lee Ripma 816-866-8322,
Lutz Sales + Investments
Bought with:
Non MLS
Non-MLS Office
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2463965
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
 
Heating
- Natural Gas, Forced Air
 
Cooling
- Electric, Window Unit(s)
 
Appliances
- Included: Water Heater
 
Features
- Has basement: No
 
Property
Parking
- Parking features: Off Street
 
Lot
- Size: 0.39 Acres
 
Details
- Parcel number: 1371600
 - Zoning: RES
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Apartment
 
Materials
- Other
 - Roof: Composition
 
Condition
- Year built: 1955
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 - Utilities for property: Separate Meters
 
Community & neighborhood
Location
- Region: Belton
 - Subdivision: Neff Lake
 
HOA & financial
HOA
- Has HOA: No
 
Other
Other facts
- Listing terms: Cash,Conventional
 
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Estimated market value
$459,600