6135 Farrow Avenue
Active Under Contract Fully Renovated 4-Plex | Turnkey Investment in Kansas City, KS 66104
Seize the opportunity to own this professionally rehabbed 4-unit multifamily building in the heart of Kansas City, KS. Built for long-term durability and strong cash flow, this property is perfect for both new and seasoned investors.
Property Features:
(4) Spacious units – 2 bed / 1 bath each
Attached garages – 1-car per unit
Large rear deck with private partitions for each tenant
Tenants pay all utilities
Extensive Renovation (2021):
New roof, windows, exterior paint, rear deck, and landscaping
Interior upgrades include:
– Modern kitchens with stainless steel appliances (fridge, stove, microwave)
– New bathrooms, flooring, and sliding glass doors throughout
Mechanical updates:
– 3 of 4 HVAC systems and hot water heaters replaced
– 1 new garage door
Income & Expense Overview:
Unit 1: Vacant (Projected $1,050/month)
Unit 2: $1,050/month
Unit 3: $1,050/month
Unit 4: $1,125/month
Gross Annual Income (Fully Rented):
(3×1,050+1,125)×12=$51,075
Annual Expenses:
Taxes: $7,643.16
Insurance: $3,871.06
Lawn Care: $600
Total Expenses: $12,114.22
Net Operating Income (NOI):
$51,075-$12,114.22=$38,960.78
Cap Rate – 8%
View full listing details| Price: | 489,999 |
|---|---|
| Address: | 6135 Farrow Avenue |
| City: | Kansas City |
| State: | Kansas |
| Zip Code: | 66104 |
| Subdivision: | Friedberg Hgts |
| MLS: | 2556535 |
| Year Built: | 1971 |
| Acres: | 0.19 |
| Lot Square Feet: | 0.19 acres |
| roof: | Composition |
|---|---|
| sewer: | Public Sewer |
| cooling: | Electric |
| heating: | Natural Gas |
| package: | No |
| mlsStatus: | Show For Backups |
| utilities: | Ind Heat And Air, Ind Water Heaters, Separate Meters |
| possession: | Funding |
| lotSizeArea: | 8276 |
| waterSource: | City/Public - Verify |
| inFloodPlain: | No |
| listingTerms: | Cash, Conventional, Private Financing Available |
| lotSizeUnits: | Square Feet |
| mlsAreaMajor: | 419 - N=Mo Rvr;S=Parallel;E=59th St;W=I-435 |
| storiesTotal: | 2 |
| unitTypeType: | 2 Bedroom |
| ageDescription: | 51-75 Years |
| parkingFeatures: | Garage, Off Street |
| exteriorFeatures: | Balcony |
| typeOfManagement: | Off-Site Mgmt |
| documentsAvailable: | None Available |
| highSchoolDistrict: | Kansas City Ks |
| numberOfUnitsTotal: | 4 |
| constructionMaterials: | Brick/Mortar, Shingle Siding |
| maintenanceProvidedYN: | yes |
| patioAndPorchFeatures: | Deck |
| maintenanceDescription: | Building Exterior,HVAC,Lawn,Roof Repair,Roof Replace,Snow Removal |
| associationFeeFrequency: | None |
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Listed by: United Real Estate Kansas City 816-674-0500