Four-Unit Residential Income
606 C & 608 St & 301a &301b Hersch Street Belton, MO 64012
New
For Sale
$209,000
MULTI_FAMILY - Belton, MO
Lot Size0.12 Acres
Days on Market1
Property Features for 606 C & 608 St & 301a &301b Hersch Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- Res
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 4
- Parking features
- Off Street, On Street
- Appliances
- Dishwasher, Disposal, Refrigerator, Electric Range
- Standard status
- Active
- APN
- 1499500
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- ORIG BELTON NE56' LOTS 9-12 BLK 10
- Tax Annual Amount
- 3743
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Justin Beebe · License #2014025113
(816) 716-8364
Added: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 2633056
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Investment Insights
Based on property information with market context.
This fully leased four-unit residential investment property was originally constructed as a single-family residence and later converted into four rental units. All four units are occupied under one-year leases by established, long-term tenants, providing income at acquisition. Three tenants currently receive rental assistance, and the owner pays all utilities. Three of the four units have been renovated within the past two years, with updated interiors including contemporary flooring, neutral finishes, refreshed kitchens and bathrooms, and stainless-steel appliances in select units.
The property is located in an established residential area of Belton, Missouri, with convenient access to downtown Belton and the surrounding transportation network. Downtown Belton offers a mix of restaurants, shopping, services, and civic destinations.
While the interiors are largely updated, the exterior and portions of the common property require additional repair and improvement. The offering is structured to preserve the existing occupied income stream while addressing deferred exterior maintenance.
The property is located in an established residential area of Belton, Missouri, with convenient access to downtown Belton and the surrounding transportation network. Downtown Belton offers a mix of restaurants, shopping, services, and civic destinations.
While the interiors are largely updated, the exterior and portions of the common property require additional repair and improvement. The offering is structured to preserve the existing occupied income stream while addressing deferred exterior maintenance.
Key Highlights
- $44,880 in annual gross rental income from a fully leased 4‑unit property with all units occupied under one‑year leases.
- Seller‑provided pricing indicates an approximately 11.5% capitalization rate for the fully leased investment.
- Three of the four units were renovated within the past two years with updated kitchens and bathrooms, including stainless‑steel appliances in select units.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fully leased four-unit rental property with three renovated units and long-term tenants.
Where is this quadplex located?
The property is located at 606 C & 608 St & 301a &301b Hersch Street Belton, MO.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: $44,880 in annual gross rental income from a fully leased 4‑unit property with all units occupied under one‑year leases.; Seller‑provided pricing indicates an approximately 11.5% capitalization rate for the fully leased investment.; Three of the four units were renovated within the past two years with updated kitchens and bathrooms, including stainless‑steel appliances in select units.