700 Northeast Ball Drive
Pending
Pending
Description
Why This 4-Plex is the Perfect Investment Opportunity:
Strong Rental Demand
Lee's Summit is a rapidly growing suburb in the Kansas City metro area, offering family-friendly amenities, great schools, and proximity to major employers. This makes it an ideal location for rental properties, ensuring consistent demand. Steady Cash Flow
A 4-plex offers reliable, multiple income streams from tenants. It's perfect for both experienced...Perfect Investment Opportunity: 4-Plex at 700 NE Ball Drive, Lee's Summit, MO
Why This 4-Plex is the Perfect Investment Opportunity:
Strong Rental Demand
Lee's Summit is a rapidly growing suburb in the Kansas City metro area, offering family-friendly amenities, great schools, and proximity to major employers. This makes it an ideal location for rental properties, ensuring consistent demand. Steady Cash Flow
A 4-plex offers reliable, multiple income streams from tenants. It's perfect for both experienced investors and those new to multi-family properties, providing the potential for high returns. Prime Location
Situated in a peaceful yet well-connected neighborhood, this property is ideal for families and professionals. It provides easy access to shops, restaurants, parks, and major highways. Efficient Management & Maintenance
With four separate units, managing and maintaining the property is streamlined, offering economies of scale for repairs and upgrades. This makes it a more efficient investment than multiple single-family homes. Long-Term Equity Growth
Lee's Summit’s real estate market is stable, with consistent appreciation over time. By owning this property, you not only secure rental income but also benefit from long-term value growth in a developing area. Key Property Features:
Four individual rental units, each with 2 bedrooms and 1 bathroom. Some units have been recently updated! Large parking area
Close proximity to major highways for easy commuting and access
Perfect for Investors & Homeowners! This 4-plex is a fantastic opportunity for anyone looking to diversify their real estate portfolio or secure consistent rental income in a high-demand market. Schedule a Viewing Today! Don't miss the chance to own this incredible investment property. Contact us to arrange a private tour or for more information!
- Listed by SBD Team • SBD Housing Solutions LLC
- Listed by Tristan Johnson • SBD Housing Solutions LLC
Property Details for 700 Northeast Ball Drive
Property Details for 700 Northeast Ball Drive
| Status | Pending |
|---|---|
| MLS # | 2520502 |
| Days on Market | 14 |
| Taxes | $5,239 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1986 |
| Lot Size | 0.40 AC / 17,233 SF |
| County | Jackson County |
Building Information for 700 Northeast Ball Drive
Property Information for 700 Northeast Ball Drive
- City: Lee's Summit
- County Or Parish: Jackson
- Directions: From HWY 70: MO-291 S/Rte 291 S in Lee's Summit. Take exit 10B from I-470 S/MO-291 S 9 min (10.2 mi) Continue on MO-291 S/Rte 291 S. Drive to NE Ball Dr 5 min (1.6 mi) 700 NE Ball Dr Lee's Summit, MO 64086
- Inside City Limits: Yes
- Latitude: 38.925003
- Longitude: -94.354034
- MLS Area Major: 204 - Lee's Summit Area
- Zip Code: 64086
- State Or Province: MO
- Subdivision: Breckenridge Estates
- Association Fee: $.00
- Association Fee Frequency: None
- Association: No
- Tax Abatement YN: No
- Tax Special Amount: 0
- Tax Annual Amount: $5,239.00
- Parcel Number: 52-730-07-28-00-0-00-000
- Tax Annual Amount: $5,239.00
- High School District: Lee's Summit
- Garage: No
- Parking Features: Off Street
- Building Area Total: 3788.0
- Lot Size Area: 17,233.00
- Lot Size Source: RPR
- Lot Size SqFt: 17,233.00
- Lot Size Units: Square Feet
- Construction Materials: Vinyl Siding
- Documents Available: Financial Details
- Documents Count: 3
- Age Description: 31-40 Years
- FEMA 100 Yr Flood Plain: No
- Legal Description: BRECKENRIDGE EST 1ST PLAT LOT 2
- Special Documents Required YN: 0
- Type Of Management: Off-Site Mgmt
- Listing Agreement: Exclusive Right To Sell
- Photos Count: 7
- Year Built: 1986
- Sewer: City/Public
- Utilities: Other
- Water Source: Public
- Package: Yes
- Possession: Funding
- Roof: Composition
- Basement YN: Yes
- Bathrooms Total: 0
- Unit Type: 2 Bedroom
- Cooling: Gas
- Central Air YN: Yes
- Heating: Natural Gas
- Stories Total: 2
- Number Of Units Total: 4
- Gross Income: $3,800.00
- Maintenance Provided YN: Yes
- Operating Expense: $6,631.00
- Operating Expense Includes: Other
- Unit Type: Baths Total: 1
- Unit Type: Type: 2 Bedroom
- Unit Type: Units Total: 2
- Unit Type: Baths Total: 1
- Unit Type: Type: 2 Bedroom
- Unit Type: Baths Total: 1
- Unit Type: Type: 2 Bedroom
- Unit Type: Baths Total: 1
- Unit Type: Type: 2 Bedroom
- Current Occupancy Rate: Over 95%
- Deposit: Stewart
- Existing Lease Terms: Other
Property History for 700 Northeast Ball Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 700 Northeast Ball Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Meadow Lane Elementary School PublicK to 5 | ||
Bernard C. Campbell Middle School Public6 to 8 | ||
Lee's Summit North High School Public9 to 12 | ||
R-7 Online Academy PublicK to 12 |
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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Listing Courtesy of SBD Housing Solutions LLC
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.
