3 months on rocket

4140 E 60th Ter, Kansas City, MO, 64130

$290,000

Home List Price

$3,444*

Closing Credit

0 Baths
Multi

Location

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4140 E 60th Ter, Kansas City$290,000

Buyer Closing Credits

$3,444*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street, On Street, Other
Year Built1991
HeatingNatural Gas, Forced Air
CoolingElectric, Other, Window Unit(s)
BasementYes
MLS #2504357
StatusActive

About 4140 E 60th Ter

This tenant-occupied multi-family property is a standout investment, already generating consistent rental income and offering a fantastic cap rate. With two separate units, each metered individually for water and electric, this is an investor's dream for minimizing expenses and maximizing cash flow. The top unit boasts a spacious 4-bedroom, 1-bath layout, perfect for larger families or multiple tenants, while the ground unit features 3 bedrooms and 1 bath, offering a highly sought-after floor plan for renters. Both units are in high demand, ensuring low vacancy rates and stable revenue. This is a prime opportunity for savvy investors looking to expand their portfolio with a turn-key, income-generating asset. For more details on current rents and financials, see the supplements provided.

Property Details

Property Features

Property Information:

  • Year Built: 1991
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Platinum Prtnr
  • Office Phone: (816) 721-9920
  • Listing Agent: Tiffany Gale

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Street, On Street, Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Electric, Other, Window Unit(s)

Other

Directions Information:

  • Directions: I-435 to 350 hwy Turn right onto 63rd St, turn right onto Jackson ave, turn left on 60th terr, the house is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $290,000

Tax Information:

  • Annual Amount: $910
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Kansas City, MO.

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Kansas City, MO

City

Med. List Price

$280.1K

Med. Price/SqFt

$163

Avg. Days On Market

79

# of Sold Homes

592

4140 E 60th Ter vs Kansas City

91 DAYS ON ROCKET

+12 Days

$290,000

+$9.8K More

KEY TAKEAWAY

This property is $9.8K more than the Median List Price in Kansas City, MO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HMLS
  • MLS Number: #2504357

Listing Office:

  • Office Name: Keller Williams Platinum Prtnr
  • Office Phone: (816) 721-9920
  • Listing Agent: Tiffany Gale

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2024, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:24:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$910$10,968
2019$1,073$10,968
2018$1,073$12,935
2017$1,030$12,935

History based on county public records data.

Payment Calculator

$1,515

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-308770
3
/10

  • Benjamin Banneker Elementary School

  • 7050 Askew Ave

  • 1.28 miles

  • Public District Grades PK-6

school-card-donut-308771
4
/10

  • Hogan Preparatory Academy Elementary School

  • 2803 E 51st St

  • 1.40 miles

  • Public Charter Grades PK-5

school-card-donut-308772
3
/10

  • Brookside Charter Elementary School

  • 1815 E 63rd St

  • 1.43 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,744. The majority of Kansas City, MO residents have income less than $35k annually. Residents typically live in single, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Jackson County›Kansas City›64130›4140 E 60th Ter

This home is located at 4140 E 60th Ter in Kansas City, MO and zip code 64130 in the South Kansas City neighborhood. This home was built in 1991. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $290,000.

The number of homes for sale in Kansas City, MO increased by 12.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 79 days, the median list price was $280,101.

From Rocket Homes Real Estate and based on county public records data.

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