Shawnee, Kansas · Active Listing
4770 RAILROAD Avenue
Shawnee, KS 66218
4770 RAILROAD Avenue is listed For Sale
List price: $410,000
Built 1930 · Triplex
Bryan Hedges can show you this home and represent you as your buyer's agent.
From the Listing
Turnkey triplex at 4770 Railroad Avenue offering immediate cash flow with room to grow. The front unit is a 3-bedroom, 1-bath currently leased month-to-month at $1,295, while the upstairs rear unit is a 3-bedroom, 1-bath with stackable washer and dryer, also leased month-to-month at $1,325. The downstairs rear unit is a 1-bedroom, 1-bath with stackable washer and dryer, currently vacant and ready for a new tenant or owner-occupant, giving a buyer flexibility to set market rent or move in immediately. All three units were remodeled within the last two years, reducing near-term capital expenditure and supporting stronger rent-to-value performance. Residents are responsible for all utilities, keeping operating expenses low and simplifying management. Month-to-month leases on two of the three units provide an investor the ability to reposition rents to market without waiting on lease expirations. A strong opportunity for an investor seeking updated construction, minimal deferred maintenance, and immediate income with upside. All information is deemed reliable but not guaranteed. Buyer/ Realtor to verify all information.
Listed by Lifestyles Realty Missouri, INC.
