1104 N Scott Avenue, Belton, MO 64012

$?
Sold Price
$?
List Price
$439,000
Closing Date
Apr 25, 2024
MLS#
2463965
Status
SOLD
Type
Multifamily
Acres
0.39
Subdivision
Neff Lake

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.

Additional Information

Year Built
1955
School District
Belton
Elementary School
Scott
Middle School
Yeokum
High School
Belton
Roof
Composition
Central Air
Electric, Window Unit(s)
Sewer
City/Public
Construction
Other
Cooling
Electric, Window Unit(s)
Heating
Natural Gas, Forced Air
Taxes
$3,257
Zoning
RES

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

Selling Office: .

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