2400 N 12th St

Kansas City, KS 66104
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3 bd, 2 ba | 1,972 sqft | Built in 1925

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List Price
$159,400

Initial Investment

$43,437

Purchase Price

$159,400

Down Payment

25%

Rent

$1,230

Total Return

$90,491

Annualized Return

25.5%

Cap Rate

5.9%

Gross Yield

9.3%

Cash Flow

$124

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,663

HOA

None

Flood Risk

Not Required

TIMELESS CHARM MEETS MODERN UPGRADES: A RARE GEM AWAITING YOUR VISION
Step into nearly a century of character in this lovingly maintained 1925 home, where original hardwood floors tell stories of gracious living while setting the stage for your next chapter. This cherished residence—having known only two caring families throughout its history—stands ready for its next steward.
Smart investments in essential updates mean you can focus on personalizing your space:
Brand new roof protecting your investment
Modern, efficient heating and cooling systems
Updated electrical system for today's lifestyle
Newer windows enhancing both comfort and efficiency
The home's rock-solid construction and impeccable "bones" provide the perfect canvas for your design inspiration. Whether you envision a modern masterpiece or dream of restoring its historic charm, this home offers endless possibilities for transformation.
Don't miss this opportunity to own a piece of history while creating your dream home. Text or call today to begin your journey in this remarkable property that pairs yesterday's craftsmanship with tomorrow's potential.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,532

Property Taxes

-$2,700

Loan Payments

-$8,666

Net Cash Flow

$124

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ryan Smith
Agent License SP00232349
Platinum Realty LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2517618
Last Updated: 11/01/2024 09:11
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