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Property Description
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.
Features
: Natural gas, Forced Air
: Window unit(s), Electric
: Composition
: Off Street
Location
USA
MO
Cass
Belton
Neff Lake
64012
SCOTT
Other MLS Info
Lutz Sales + Investments
Lee Ripma
0
$0
Belton
Scott
Belton
Yeokum
Public
City/Public
Apartment
Active
Importer Addon
HMSLUTZS
HMS205574798
1
Residential Income
1104 SCOTT Avenue, Belton, Missouri 64012
17,163 Sqft
$439,000
Listing ID #HMS2463965
Basic Details
Status : Active
Property Type : Residential Income
Listing ID : HMS2463965
Price : $439,000
Year Built : 1955
Lot Area : 17,163 Sqft
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