12712 W 51st Street
Property Description
Rare opportunity to acquire a 6-unit multifamily property in Johnson County, prime location near Shawnee Mission Parkway with quick access to I-35, I-435, shopping, restaurants, and major employment centers. Situated near the Shawnee and KCK Turner border this property benefits from strong rental demand and convenient access to the major cities. Leases available upon request. The property offers significant value-add potential with below-market rents and most units currently operating on month-to-month leases, allowing a new owner flexibility to adjust rents and maximize income. Detached garages are currently used for owner storage and are not leased, presenting additional rental income potential. Plenty of parking, brick exterior, and a highly accessible location make this a strong long-term investment opportunity in a desirable rental corridor. Seller has experienced consistent rental demand for these units due to the location and accessibility to surrounding amenities. Seller is a licensed real estate agent. Seller is also the listing agent. Property is being offered for sale as the owner transitions to other investments. Flexible showing opportunities available-please call or text listing agent with any questions.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $849,900 |
| No. of Units: | 6 |
| Year Built: | 1950 |
| Opportunity Zone: | No |
| Price per unit: | $141,650 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 6 |
ID: 3yd-HMLSKS-2606552
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