Top unit section 8 rent $1295 4 bed 2 full baths 18 mo lease. Moved in November 2022.
Lower unit $750 3 bed 1 bath. Moved in December 2022 year lease.
Tenant pay all utilities.
New vinyl flooring.
New carpet.
New paint.
Replaced Bulk of New appliances.
Roof good 15 years old. No problems.
Replaced electrical panels a couple years ago.
Furnace… replaced blowers year ago.
New A/C units a couple years ago.
No major issues exterior maybe paint in the next 5 years.
No garage street parking front. Big wide driveway.
Cash flows really well.
5716 Mersington Ave, Kansas City, MO 64130 is a multi family home built in 1991. According to the Kansas City public records, the property at 5716 Mersington Ave, Kansas City, MO 64130 has approximately 2240 square feet, 7 beds, 3 full baths with a lot size of 5,667 square feet. Nearby schools include SOUTHEAST High School, Central Middle School and B. Banneker Elementary School.
Multifamily Comps:
5405-5407 Swope Pkwy Kansas City, MO 64130
Sold 1/10/23 $200,000 4 bed 2 bath built 1948 Lot 6,534 Sq 2,240
5520 Wabash Ave Kansas City, MO 64130
Sold 12/8/22 $180,000 4 bed 2 bath built 1957 Lot 6,573 Sq 1,632