INVESTMENT OPPORTUNITY: 11316 Lewis Ave is offered as part of a two-property rental package with 6905 E 112th St for a combined purchase price of $375,000. Both homes are tenant-occupied, well-maintained and positioned to provide stabilized income from day one. 11316 Lewis Ave currently rents for $1,950 per month and offers the kind of condition that can be difficult to find in investment property. This 4-bedroom, 2-bath home has been thoughtfully updated with LVP flooring, quartz countertops, stainless steel appliances and updated bathrooms, creating an attractive rental without the renovation and stabilization work that often comes with an investment acquisition. A tenant is already in place, allowing the next owner to step directly into an established income-producing property. Together with 6905 E 112th St, currently rented for $1,550 per month, the package generates $3,500 in monthly rent and $42,000 in annual gross rental income. Both properties are located in the same 64134 area, creating additional efficiency for management and maintenance. For the investor looking to add quality doors without taking on the time, expense and uncertainty of acquiring, renovating and stabilizing multiple properties, this package offers an opportunity to step directly into two performing rentals with established tenants and immediate income. 6905 E 112th St (MLS #2640896) and 11316 Lewis Ave (MLS #2640900) are offered together for $375,000. Also available as Multifamily package (MLS #2640901). The properties can be purchased separately or together. Please do not disturb tenants.
Based on the average sale price from the Overland Park, KS office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
11316 Lewis Avenue Kansas City, MO is a Single Family Home for sale at $195000 with 1272 sqft and a lot size of 0.191024 Acres Acre(s). 11316 Lewis Avenue Kansas City has 4 bedrooms, 2 baths and was built in 1957. The property's zip code is 64134 which is in Kansas City, MO
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.