6731 Montana Ave

Kansas City, KS 66111
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4 bd, 3 ba | 2,181 sqft | Built in 1960

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List Price
$249,950

Initial Investment

$68,111

Purchase Price

$249,950

Down Payment

25%

Rent

$1,260

Total Return

$72,126

Annualized Return

13.6%

Cap Rate

2.7%

Gross Yield

6.0%

Cash Flow

-$7,295

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,374

HOA

None

Flood Risk

Not Required

Welcome to 6731 Montana Ave. This gem, located on a quiet Cul-De-Sad, has been meticulously cared for and updated by a contractor/handyman owner ensuring a combination of comfort and functionality. As you approach, your eye will be drawn to an expansive 3-car wide driveway, providing ample space for vehicles and additional storage. Adjacent, discover the versatile side yard, perfectly suited for your boat, RV, or trailer parking, alongside a generous front patio, ideal for leisurely evenings or morning coffee. Step inside to discover a meticulously refreshed main level featuring fresh paint, gleaming hardwoods, and contemporary can lighting, seamlessly blending timeless charm and modern convenience. Immerse yourself in the luxury of recently renovated bathroom, full baths sporting heated floors, updated showers, and sleek lighting fixtures. The heart of the home awaits in the updated kitchen, where culinary and entertaining dreams come to life with stainless steel appliances, gas cooktop, granite countertops, and thoughtful touches like retractable pantry and pan slides, and a bespoke coffee bar.Descend to the lower level, where functionality meets flair in a spacious mudroom, primed for a secondary washer and dryer installation. Prepare to be captivated by the sprawling walkout basement, boasting a private Primary Suite complete with a full bath, washer and dryer, and cozy seating area. Entertain with ease in the additional living and gaming areas, or unleash your creativity in the interior workshop, offering endless possibilities for hobbyists and DIY enthusiasts alike. Step outside to discover a backyard paradise, featuring a covered rear patio with a soothing hot tub, a refreshing surrounded pool, and an expansive covered rear deck, beckoning you to unwind in style. With a sprawling, accessible yard completing the picture, this property truly offers the best of both indoor and outdoor living. Roof just replace, HVAC and Appliances all under 4 years of age.

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

Annual Financial Highlights

Expected Rent

$14,364

Expenses

-$3,571

Property Taxes

-$4,500

Loan Payments

-$13,589

Net Cash Flow

-$7,295

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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SourceHeartland MLS
MLS #2485166
Last Updated: 04/27/2024 04:04
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