116-122 Northeast Greystone Drive

Lee's Summit, MO 64086

$775,000
Price
Beds
4,964 Sq. Ft.
$156 / Sq. Ft.
4,964
Sq. Ft.
$156
per Sq. Ft.

Description

This 4-plex in Lee's Summit offers a unique investment opportunity, featuring two 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Located in a maintenance-free community near shopping and top-rated schools in the Kansas City metro, you can live in one unit and rent out the others. The units may also be sold individually, offering flexibility. With most lenders considering potential rental income toward your debt-to-income ratio, this is an excellent opportunity to reduce or eliminate...This 4-plex in Lee's Summit offers a unique investment opportunity, featuring two 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Located in a maintenance-free community near shopping and top-rated schools in the Kansas City metro, you can live in one unit and rent out the others. The units may also be sold individually, offering flexibility. With most lenders considering potential rental income toward your debt-to-income ratio, this is an excellent opportunity to reduce or eliminate your mortgage while building equity!
  1. Listed by Kat Lewis • ReeceNichols - Leawood • 913-620-0389
  2. Listed by Melanie Higdon • ReeceNichols - Leawood

Property Details for 116-122 Northeast Greystone Drive

Zoning
R-3
LISTING UPDATED: 12/02/2024 10:23 AM

Property Details for 116-122 Northeast Greystone Drive

StatusActive
MLS #2513188
Days on Market59
Taxes$6,543 / year
HOA Fees$780 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1987
Lot Size0.08 AC / 3,388 SF
CountyJackson County

Building Information for 116-122 Northeast Greystone Drive

Stories2Residences4Year Built1987Building Size-Lot Size0.08 AC / 3,388 SF

Property Information for 116-122 Northeast Greystone Drive

Summary
Location and General Information
  • City: Lee's Summit
  • County Or Parish: Jackson
  • Directions: From 50 East, exit at Todd George Rd, head north on SE Todd George Pkwy, head east on Langsford Rd, and head north on NE Greystone Dr. Property will be on left (west) side of street.
  • Inside City Limits: Yes
  • Latitude: 38.917733
  • Longitude: -94.336554
  • MLS Area Major: 204 - Lee's Summit Area
  • Zip Code: 64086
  • State Or Province: MO
  • Subdivision: Elgin Park
Taxes and HOA Information
  • Association Fee: $780.00
  • Association Fee Frequency: Monthly
  • Association Name: Elgin Park
  • Association: Yes
  • Tax Special Amount: 0
  • Tax Annual Amount: $6,543.00
  • Parcel Number: 60-320-20-08-00-0-00-000
  • Tax Annual Amount: $6,543.00
School Information
  • High School District: Lee's Summit
Parking
  • Garage: Yes
  • Parking Features: Attached, Garage
  • Parking Total: 4.0
Property
Lot Information
  • Building Area Total: 4964.0
  • Lot Size Area: 3,388.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 3,388.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick & Frame, Brick Trim, Vinyl Siding
  • Documents Available: None Available
  • Documents Count: 2
  • Age Description: 31-40 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: Lot 47, REPLAT OF ELGIN PARK - 3RD PLAT, a subdivision in Lee's Summit, Jackson County, Missouri
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 16
  • Year Built: 1987
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Optional
  • Laundry Features: Inside, Utility Room
  • Patio And Porch Features: Patio
  • Possession: Negotiable
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Refrigerator, Gas Range
  • Basement YN: No
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Telecommunications: Cable - Available, Fiber - Available, High Speed Internet - Available
  • Interior Features: Private Entry
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $28,800.00
  • Maintenance Description: Building Exterior, Lawn, Snow Removal
  • Maintenance Provided YN: Yes
  • Operating Expense: $.00
  • Operating Expense Includes: Other
Unit 1
  • Unit Type: Unit Equipment: Dishwasher,Range/Oven,Refrigerator
  • Unit Type: Unit Half Baths: 1
  • Unit Type: Unit Rooms: 7
  • Unit Type: Unit SQFT: 1306
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 3 Bedroom
  • Unit Type: Units Total: 2
Unit 2
  • Unit Type: Unit Equipment: Dishwasher,Range/Oven,Refrigerator
  • Unit Type: Unit Half Baths: 1
  • Unit Type: Unit Rooms: 6
  • Unit Type: Unit SQFT: 1176
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 2
Rental
Rent Information
  • Current Occupancy Rate: Unknown-Verify
  • Deposit: Security 1st
  • Existing Lease Terms: Month To Month, One Year Lease

Property History for 116-122 Northeast Greystone Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 116-122 Northeast Greystone Drive

This home is within Lee's Summit R-Vii School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Prairie View Elementary School
PublicK to 5

Bernard C. Campbell Middle School
Public6 to 8

Lee's Summit North High School
Public9 to 12

East Trails Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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116-122 Northeast Greystone Drive is a multi-family home for sale in Lee's Summit, MO 64086. This property was listed for sale on October 1, 2024 by ReeceNichols - Leawood, it's currently listed at $775,000. This listing's school district is Lee's Summit R-Vii School District. Nearby schools include Prairie View Elementary School, Bernard C. Campbell Middle School and Lee's Summit North High School. 116-122 Northeast Greystone Drive is a 0-bed, 0-bath, 4,964 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReeceNichols - Leawood

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.