6135 Farrow AvenueKansas City, KS 66104
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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: Vacant (Projected $1,050/month) Unit 2: $1,050/month Unit 3: $1,050/month Unit 4: $1,125/month Gross Annual Income (Fully Rented): (3×1,050+1,125)×12=$51,075 Annual Expenses: Taxes: $7,643.16 Insurance: $3,871.06 Lawn Care: $600 Total Expenses: $12,114.22 Net Operating Income (NOI): $51,075-$12,114.22=$38,960.78 Cap Rate - 8%
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |

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Last checked 2025-06-29 04:08 PM CDT
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