5121 Thompson Ave, Kansas City, MO 64124

Back on the market, no fault of the sellers—inspections available! This 8-unit multifamily is a true value-add opportunity in a prime downtown location. Each unit is a 1 bed/1 bath, and the property already has major updates including new windows, fresh flooring, a brand-new concrete patio, and the majority of the units have had the appliances and PTAC units replaced. The property recently appraised for $600,000. This 8-PLEX is currently grossing $5,154 per month with only 6/8 units rented! Due to this, the property exceeds the 1% rule at only 75% occupancy! Come quick - This property will not last long!