5107 E 40th ST Kansas City, MO 64130
3 Beds
1 Bath
1,560 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $63
Subdivision Vineyard Terrace
MLS Listing ID 2610424
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1953
Annual Tax Amount $5,248
Lot Size 9,084 Sqft
Acres 0.20853995
Property Sub-Type Single Family Residence
Source hmls
Property Description
Vineyard Terrace. Buyer's choice at closing: property delivered vacant (current tenant has
expressed intent to vacate) or with tenant in place — seller will accommodate. Over $9,000 in
recent updates: new roof, upgraded electrical panel, remodeled kitchen and bath, new flooring,
refinished hardwoods, replacement windows, three window AC units. 1,560 sqft, full unfinished
basement, 9,084 sqft lot. Underwritten at market rent of $1,200/mo, 8.0% projected cap at asking
with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M). Part of a 4-property KC
SFR portfolio — portfolio pricing available for a buyer acquiring all four. Full financials, capex
detail, and current lease available on request.
Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.
Location
State MO
County Jackson
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Window Unit(s)
Flooring Vinyl
Fireplace Y
Appliance Cooktop, Refrigerator
Laundry In Basement
Exterior
Parking Features false
Roof Type Composition
Building
Lot Description City Lot
Entry Level 1.5 Stories,Ranch
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools George Melcher
Middle Schools Central
High Schools Central
School District Kansas City Mo
Others
Ownership Investor
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
