COMPLETELY REMODELED • MULTI UNIT STYLE LAYOUT • TURNKEY PAD SPLIT POTENTIAL OWNER CARRY

$285,000 • 6 Beds / 3 Baths • 1,582 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 3
  • 1930
  • 1582
  • 1582
  • No Garage

Description

This rare, high‑capacity property is located in the heart of Kansas City’s 64123 corridor, where multiple large 6‑bedroom properties show market values ranging from $140,320 to $284,290 with several historic properties on Norledge Avenue valued above $400,000 and up to nearly $700,000.

Your fully upgraded configuration positions this home as a premium, income‑producing asset at a competitive price point.

🏠 PROPERTY FEATURES

🛏 6 Bedrooms

Perfect for large families, shared housing, or maximizing rental yield.

🛁 3 Full Bathrooms

Modern finishes throughout the home after a full remodel.

🍳 3 Kitchens

Ideal for pad‑split, multi‑family use, co‑living, or corporate rental setups.

⬇ 2 Levels + Walk‑Out Basement

    • Basement includes laundry area
    • Direct outdoor access for tenant privacy
    • Supports flexible tenant configurations

🚗 Off‑Street Parking

Alley access and private parking for multiple vehicles.

✨ Full Interior & Exterior Renovation

New finishes, updated systems, and turnkey setup ideal for investors seeking hassle‑free cash flow.

🛋 Furnishings Available

Seller may include furnishings ideal for room‑by‑room rentals.

💰 WHY THIS IS A PRIME INVESTMENT

    • Properties on Norledge with 6+ bedrooms show market values from $140k to $284k, with high‑end historic properties reaching $414k–$698k.
    • This property’s 3 kitchens, 6 bedrooms, and walk‑out basement configuration is extremely rare and optimized for higher‑than‑average rent multipliers.
    • Perfect for PadSplit‑style operations where rooms typically rent for $650–$800 each unit per month in this area.
    • Potential gross monthly income: $3,900–$4,800+ (investor‑dependent setup).
    • Recently revitalizing 64123 corridor adds long‑term appreciation potential.
    • Close to public transportation

💳 SELLER CARRY AVAILABLE

Flexible owner financing terms available!

This opportunity is ideal for investors who want:

    • Lower upfront barriers to entry
    • Flexible down payment options
    • A path to acquire a high‑cashflow property with fewer traditional lending obstacles

Seller will consider a lower cash price for buyers who want immediate closing.

📍 LOCATION — NORLEDGE AVENUE, 64123

Norledge Avenue is known for its large, historic, eclectic homes, ranging from 2 to 8 bedrooms, built between 1885 and 1968, with documented valuations up to $698,020.

This street has become a favorite for investors and renovators due to its architectural character and strong rental demand.

📞 CONTACT FOR SHOWINGS & TERMS: www.816RESales.com

Estimated Spread

  • Price $310,000
  • Spread -$310,000