Cash Flowing Investment Perfect Quadruplex Home in a Fantastic Southdale Location

Asking $ 635,000
Reeder Drive, ,
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  • Updated On:
  • July 19, 2022
  • 8 Bedrooms
  • 4 Bathrooms
  • 4,192.00 ft2
  • Year Built: 1964
  • Fantastic Southdale location across the street from Oak Park Mall in Overland Park.
  • Two units are beautifully remodeled with top to bottom new high-end luxury finishes and two are ready for your creative vision.
  • A+ Shawnee Mission schools.
  • All 2 bedroom townhome-style units with walkout to parking.
  • Two dedicated parking spots per unit as well as laundry in each unit.
  • HOA is $225 per month and covers lawn, snow, trash, building exteriors, common area and pool.
  • Three units have new Lennox HVAC.
  • New sliding doors, updated mechanicals, many new windows.
  • So much new to love.
  • The two newly renovated units are vacant and just went up for rent at $1350 per month.
  • Get into a beautiful Johnson County Quad with conventional, FHA, or VA financing.
Address: Reeder Drive
Zip: 66214
Country: United States
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Property Id : 40092
Price: Asking $ 635,000
Property Size: 4,192.00 ft2
Property Lot Size: 7,096.00 ft2
Rooms: 20
Bedrooms: 8
Bathrooms: 4
House Number: 9425
Year Built: 1964
External Construction: Brick
Roofing: Composition
Rent (mo): 5400
ROI (ann): 22.9
Cashflow (mo): 1323
Property Taxes (mo): 388
Insurance (mo): 347
Repairs (mo): 200
Management Fee (mo): 374
Leasing Fee (ann): 146.3
HOA (mo): 225
Vacancy Rate (ann): 4

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