$539,900
$539,900
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700 NE Ball DR Lee's Summit, MO 64086
0.4 Acres Lot
Key Details
Sold Price $539,900
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Breckenridge Estates
MLS Listing ID 2520502
Sold Date 12/30/24
Originating Board hmls
Year Built 1986
Annual Tax Amount $5,239
Lot Size 0.396 Acres
Acres 0.39561525
Property Sub-Type Quadruplex
Property Description
Perfect Investment Opportunity: 4-Plex at 700 NE Ball Drive, Lee's Summit, MO
Why This 4-Plex is the Perfect Investment Opportunity:
Strong Rental Demand
Lee's Summit is a rapidly growing suburb in the Kansas City metro area, offering family-friendly amenities, great schools, and proximity to major employers. This makes it an ideal location for rental properties, ensuring consistent demand.
Steady Cash Flow
A 4-plex offers reliable, multiple income streams from tenants. It's perfect for both experienced investors and those new to multi-family properties, providing the potential for high returns.
Prime Location
Situated in a peaceful yet well-connected neighborhood, this property is ideal for families and professionals. It provides easy access to shops, restaurants, parks, and major highways.
Efficient Management & Maintenance
With four separate units, managing and maintaining the property is streamlined, offering economies of scale for repairs and upgrades. This makes it a more efficient investment than multiple single-family homes.
Long-Term Equity Growth
Lee's Summit's real estate market is stable, with consistent appreciation over time. By owning this property, you not only secure rental income but also benefit from long-term value growth in a developing area.
Key Property Features:
Four individual rental units, each with 2 bedrooms and 1 bathroom. Some units have been recently updated!
Large parking area
Close proximity to major highways for easy commuting and access
Perfect for Investors & Homeowners!
This 4-plex is a fantastic opportunity for anyone looking to diversify their real estate portfolio or secure consistent rental income in a high-demand market.
Schedule a Viewing Today!
Don't miss the chance to own this incredible investment property. Contact us to arrange a private tour or for more information!
Location
State MO
County Jackson
Zoning Multi
Interior
Heating Natural Gas
Cooling Gas
Fireplace N
Exterior
Parking Features false
Utilities Available Other
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Vinyl Siding
Schools
School District Lee'S Summit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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