3044 E 60th Street Kansas City, MO 64130
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    Active
    South Town Fork Creek

    3044 E 60th Street

    Kansas City, MO 64130

    $76,000
    Beds
    2
    Baths
    1
    Half baths
    0
    Sqft
    756
    Acres
    0.1
    Year built
    1,922
    $ / sqft
    $101
    Type: Single FamilyMLS #: 2610418

    About this home

    This 2-bedroom, 1-bath home sits on a 4,356-square-foot lot in Kansas City's South Town Fork Creek neighborhood, with a wrap-around covered porch and a new roof installed in 2023. A long-term Section 8 tenant has been in place for more than six years with zero late payments, currently paying $1,200/month on a month-to-month lease. At $76,000, the numbers pencil out to a projected cap rate near 12.7% using conservative underwriting. The interior is dated but functional, with room to add value through a cosmetic refresh at the next turnover. Existing property management can convey for uninterrupted income from day one, and it's part of a broader four-property Kansas City portfolio for buyers looking to scale with one transaction.
    Emanuel Blando
    Listing agent
    Emanuel Blando

    We Heart Homes KC · Keller Williams Kansas City Metro

    816-745-8906