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ActiveSouth 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.


