4140 East 60th Terrace

Kansas City, MO 64130

$290,000
Price
—
Beds
1,470 Sq. Ft.
$197 / Sq. Ft.
1,470
Sq. Ft.
$197
per Sq. Ft.

Description

This tenant-occupied multi-family property is a standout investment, already generating consistent rental income and offering a fantastic cap rate. With two separate units, each metered individually for water and electric, this is an investor's dream for minimizing expenses and maximizing cash flow. The top unit boasts a spacious 4-bedroom, 1-bath layout, perfect for larger families or multiple tenants, while the ground unit features 3 bedrooms and 1 bath, offering a highly sought-after floor plan...This tenant-occupied multi-family property is a standout investment, already generating consistent rental income and offering a fantastic cap rate. With two separate units, each metered individually for water and electric, this is an investor's dream for minimizing expenses and maximizing cash flow. The top unit boasts a spacious 4-bedroom, 1-bath layout, perfect for larger families or multiple tenants, while the ground unit features 3 bedrooms and 1 bath, offering a highly sought-after floor plan for renters. Both units are in high demand, ensuring low vacancy rates and stable revenue. This is a prime opportunity for savvy investors looking to expand their portfolio with a turn-key, income-generating asset. For more details on current rents and financials, see the supplements provided.
  1. Listed by Tiffany Gale • Keller Williams Platinum Prtnr • 816-721-9920

Amenities

  • Air Conditioning
  • Forced Air
  • Gas Heat
  • Off-Street Parking
  • Parking Included
  • Street Parking
  • Window AC Installed
LISTING UPDATED: 10/22/2024 07:24 PM

Property Details for 4140 East 60th Terrace

StatusActive
MLS #2504357
Days on Market99
Taxes$808 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1991
Lot Size0.14 AC / 6,145 SF
CountyJackson County

Building Information for 4140 East 60th Terrace

Stories2Residences2Year Built1991Building Size-Lot Size0.14 AC / 6,145 SF

Property Information for 4140 East 60th Terrace

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: I-435 to 350 hwy Turn right onto 63rd St, turn right onto Jackson ave, turn left on 60th terr, the house is on the right.
  • Latitude: 39.016323
  • Longitude: -94.537494
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Zip Code: 64130
  • State Or Province: MO
  • Subdivision: Flacy's Swope Park Sub
Taxes and HOA Information
  • Association: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $808.00
  • Parcel Number: 46-310-05-34-00-0-00-000
  • Tax Annual Amount: $808.00
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: Off Street, On Street, Other
Property
Lot Information
  • Building Area Total: 1470.0
  • Lot Size Area: 6,145.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 6,145.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Vinyl Siding
  • Documents Available: None Available
  • Documents Count: 2
  • Age Description: 31-40 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: FLACY'S SUB E 50' OF S 123.8' OF LOT 7
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 21
  • Year Built: 1991
Utilities
  • Utilities: Separate Meters
  • Water Source: City/Public - Verify
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Cooling: Electric, Other, Window Unit(s)
  • Central Air YN: Yes
  • Heating: Natural Gas, Forced Air
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $32,400.00
  • Operating Expense: $5,496.00
Unit 1
  • Unit Type: Unit Equipment: Dishwasher,Range/Oven,Refrigerator
  • Unit Type: Unit Rooms: 4
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 4 Bedroom Or More
  • Unit Type: Units Total: 1
Unit 2
  • Unit Type: Unit Equipment: Dishwasher,Hot Water Heater,Range/Oven,Refrigerator
  • Unit Type: Unit Rooms: 3
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 3 Bedroom
  • Unit Type: Units Total: 1
Rental
Rent Information
  • Deposit: Continental Title Company
  • Existing Lease Terms: Month To Month, Other

Property History for 4140 East 60th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4140 East 60th Terrace

Taxable ValueLand$1,093Additions$9,242Total$10,335
Tax Record2024$808 ($67 / month)
Home Facts
Baths2Total Finished SqFt1,170 SqFtAbove Grade Finished SqFt1,170 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1991CountyJACKSONAPN46-310-05-34

Schools near 4140 East 60th Terrace

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
B. Banneker Elementary School
PublicPK to 6

Central Middle School
Public7 to 8

SOUTHEAST High School
Public9 to 12

AC Prep Elementary
PublicPK 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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4140 East 60th Terrace is a multi-family home for sale in Kansas City, MO 64130. This property was listed for sale on August 12, 2024 by Keller Williams Platinum Prtnr, it's currently listed at $290,000. It has been on the market for a total of 99 days and was last sold on June 15, 2009. This listing's school district is Kansas City 33 School District. Nearby schools include B. Banneker Elementary School, Central Middle School and SOUTHEAST High School. 4140 East 60th Terrace is a 0-bed, 0-bath, 1,470 sqft multi-family home built in 1991.

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 Keller Williams Platinum Prtnr

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.