6135 Farrow Ave Kansas City, KS 66104

Listing details for 6135 Farrow Ave, Kansas City, KS 66104 : 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: $1,050/Month Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): ($4,275 )12=$51,300 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Operating Expenses: $12,114.22 Net Operating Income (NOI): $39,185.78, Cap Rate – 8.01%. “The property is tenant-occupied, and to respect their privacy, we’re not conducting showings until we have a signed contract in place. We're happy to proceed with offers contingent on interior inspections.”