TriPlex Value Add - 3709 Central St KC MO 64111
This is listed on the MLS # 2095204 - This is a Value Add Property with 1 unit empty our plan is to empty the other 2 bedroom unit. The first floor unit we are expecting the Buyer to AirBnB with a estimated GR of $3000/month or more after renovation. The 2nd floor 2 bed unit would be a long term rental with a GR of $1095-$2000/month after renovation. The 3rd floor 1 bed unit we are working to extend the current tenant to a M-T-M lease which we will be increasing rent not sure where this will land.
I am expecting GR to be roughly $4500-$5000/month after reno.
I have an open house this Saturday 3-24-18 from 12-2 pm. I have had discussion with a few cash Buyers and I am expecting the price to come in more like $270-$280k after this weekend.
If this is something you would be interested in feel free to stop by on Saturday.