1104 N SCOTT Avenue, Belton, MO 64012
- $439,000
- List Price
- $439,000
- MLS#
- 2463965
- Status
- ACTIVE
- Type
- Multifamily
- Acres
- 0.39
- Subdivision
- Neff Lake
Property Description
Not your average rental property! This is a two-building property on a single lot, featuring a converted three-unit house in the front and a quadplex in the back. And that’s not all – this property is at an in-place impressive 9% cap rate, with additional income upside! Plus, on-site parking is available for your tenants’ convenience. The property features four 2-bedroom units, two 1-bedroom units, and one studio – each tenant is responsible for their own electric bill, while the landlord pays the water bill. This property qualifies for MOBUCK$ 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.
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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
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Listing courtesy of Lee Ripma of Lutz Sales + Investments.
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