Seller says bring all offers. Excellent investment opportunity that is near the 1% rule currently with lots of additional value opportunities as well. Mixed use 4plex available in KCK. All 4 units leased out at below market rent for a total of $2,350 a month. Zoned commercial with one unit set up for residential tenant ($600/mo). The commercial tenants are a Barber Shop ($550/mo), Pet grooming/Pet store ($650/mo), and Alcoholics Anonymous ($550/month) All 4 units leased out for a total of $2,350 a month. Also included are two large open lots next door that are ready to be developed as well. The property comes with a Verizon Wireless phone tower in a fenced area. The lease on the tower is paid out until 2045. After that, the new owner has the right to collect rent on the phone tower under a new lease.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
