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111 S 16th St

Kansas City KS 66102

3
2
1211 sq. ft.
3484.8 sq. ft.
Single-Family
Currently for sale - view listing

Overview

*** Will sell fully furnished with acceptable offer***Investors dream, this fully permitted airbnb is exceeding a 14%+ CoC based on current and actual averaged income/expenses, underwriting available upon request and can be found in supplements. The returns are even higher if self managing. Keep in mind that this property was renovated top to bottom just 2 years ago from the studs so capex and repairs and maintenance will remain low for years to come, and helps keep utility expense down. This property is just MINUTES from downtown Kansas City Missouri making it enticing for guests with the lack of airbnbs allowed on the Missouri side. Jump on this opportunity before somebody else does. Solid area for appreciation with some cash flow and tax incentive potential.

Features

3 bedrooms
2 bathrooms
1211 sq. ft. floor area
3484.8 sq. ft. lot size
Single-Family

Property history for 111 S 16th St

2024
Sold
Undisclosed
13 Aug 2024 by Claudia Mercado, of Keller Williams Realty Partner

Happy sellers in Kansas City

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Local market activity for 3 bedroom single-family properties in Kansas City

In the last 12 months, 104 three-bedroom single-family properties similar to 111 S 16th St, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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