CASH FLOW - This is a 100% occupied four-plex at the time of listing. Owner has recently replaced carpet w/ laminate for easy maintenance (and it looks very nice), painted exterior (mainly brick), had roof repaired, hallways painted and some of the interior units, replaced some of the windows. Each unit appliances stay with the property. Basement area has some storage & utilities for each unit (locked). Utilities are separately metered. Please view supplements to review the financial statement.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
93 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Jackson County
APN
14-720-17-12-00-0-00-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 21, 2022.
O-1
Office-Residential District
The O-1 district is primarily intended to accommodate low-intensity office uses and buildings containing a mix of office uses and residential use
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Infrastructure
Office
Medical office
Public service
Educational/school
Property details
Parking
Parking Information
Parking Features: Off Street
Interior
Laundry Information
Laundry Features: In Basement
Heating & Cooling
Heating Information: Wall Furnace
Cooling Information: Electric, Window Unit(s)
Multi-Family Financial Information
Operating Expense Includes: Maintenance, Insurance, Real Estate Tax, Refuse Collection
Net Operating Income: $14,506
Gross Income: $19,500
Multi-Unit Information
# of Units (Total): 4
Unit Types: 1 Bedroom, 2 Bedroom
Current Occupancy Rate: Over 95%
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 1
Equipment: Hot Water Heater,Range/Oven,Refrigerator
Unit Type 2 Information
Unit Type: 1 Bedroom
# of Units: 3
# of Bathrooms: 1
Equipment: Hot Water Heater,Range/Oven,Refrigerator
Exterior
Building Information
Construction Materials: Brick
Roof: Composition
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Zoning: RES
Land Information
In Flood Plain: Unknown
Financial
Tax Information
Tax Annual Amount: $1,694
Utilities
Utility Information
Water Source: Public
Sewer: City/Public
Utilities: Separate Meters
Location
School Information
Elementary School: Fairmount
High School: Van Horn
High School District: Independence
Location Information
Directions: From Sterling and 24 Hwy: Head North on Sterling, Take a left (West) on Kentucky Ave. Four plex is on the right at the intersection of Kentucky and Cedar Ave. Parking is on the North side of the building on Cedar.
Community Information
Maintenance Provided YN: 1
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Jackson County
APN: 14-720-17-12-00-0-00-000
Home facts updated by county records on Oct 21, 2022
Other
Home Information
Age Description: 76-100 Years
Stories Total: 2
Around this home
Schools
Fairmount Elementary School
Public PreK-5 • Assigned • 0.0mi
4/10
Clifford H. Nowlin Middle School
Public 6-8 • Assigned • 2.7mi
6/10
Van Horn High School
Public 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 107° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Independence, MO • 64053
Average low and high temperatures (°F)
37
20
48
27
65
42
70
51
76
56
86
68
90
73
85
67
82
63
74
53
57
40
46
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$211,000 – $255,000
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Property information provided by Heartland MLS as Distributed by MLS Grid when last listed in 2016. This data may not match public records. Learn more.