$195,000

11316 Lewis Avenue, Kansas City, MO 64134

About This Property

INVESTMENT OPPORTUNITY: 11316 Lewis Ave is offered as part of a two-property rental package with 6905 E 112th St for a combined purchase price of $375,000. Both homes are tenant-occupied, well-maintained and positioned to provide stabilized income from day one. 11316 Lewis Ave currently rents for $1,950 per month and offers the kind of condition that can be difficult to find in investment property. This 4-bedroom, 2-bath home has been thoughtfully updated with LVP flooring, quartz countertops, stainless steel appliances and updated bathrooms, creating an attractive rental without the renovation and stabilization work that often comes with an investment acquisition. A tenant is already in place, allowing the next owner to step directly into an established income-producing property. Together with 6905 E 112th St, currently rented for $1,550 per month, the package generates $3,500 in monthly rent and $42,000 in annual gross rental income. Both properties are located in the same 64134 area, creating additional efficiency for management and maintenance. For the investor looking to add quality doors without taking on the time, expense and uncertainty of acquiring, renovating and stabilizing multiple properties, this package offers an opportunity to step directly into two performing rentals with established tenants and immediate income. 6905 E 112th St (MLS #2640896) and 11316 Lewis Ave (MLS #2640900) are offered together for $375,000. Also available as Multifamily package (MLS #2640901). The properties can be purchased separately or together. Please do not disturb tenants.

Features & Details