Lee's Summit, MO 64086,700 NE Ball DR
Lee's Summit, MO 64086,700 NE Ball DR
Lee's Summit, MO 64086,700 NE Ball DR
7
Listed by SBD Team • SBD Housing Solutions LLC
$539,900
$539,900
Est.Price: ?

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0.4 Acres Lot

700 NE Ball DR Lee's Summit, MO 64086

Est. payment /mo
SOLD DATE : 12/30/2024

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Key Details

Sold Price $539,900

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Breckenridge Estates

MLS Listing ID 2520502

Sold Date 12/30/24

Originating Board hmls

Year Built 1986

Annual Tax Amount $5,239

Lot Size 0.396 Acres

Acres 0.39561525

Property Sub-Type Quadruplex

Property Description

Perfect Investment Opportunity: 4-Plex at 700 NE Ball Drive, Lee's Summit, MO
Why This 4-Plex is the Perfect Investment Opportunity:
Strong Rental Demand
Lee's Summit is a rapidly growing suburb in the Kansas City metro area, offering family-friendly amenities, great schools, and proximity to major employers. This makes it an ideal location for rental properties, ensuring consistent demand.

Steady Cash Flow
A 4-plex offers reliable, multiple income streams from tenants. It's perfect for both experienced investors and those new to multi-family properties, providing the potential for high returns.

Prime Location
Situated in a peaceful yet well-connected neighborhood, this property is ideal for families and professionals. It provides easy access to shops, restaurants, parks, and major highways.

Efficient Management & Maintenance
With four separate units, managing and maintaining the property is streamlined, offering economies of scale for repairs and upgrades. This makes it a more efficient investment than multiple single-family homes.

Long-Term Equity Growth
Lee's Summit's real estate market is stable, with consistent appreciation over time. By owning this property, you not only secure rental income but also benefit from long-term value growth in a developing area.

Key Property Features:
Four individual rental units, each with 2 bedrooms and 1 bathroom. Some units have been recently updated!
Large parking area
Close proximity to major highways for easy commuting and access
Perfect for Investors & Homeowners!
This 4-plex is a fantastic opportunity for anyone looking to diversify their real estate portfolio or secure consistent rental income in a high-demand market.

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Location

State MO

County Jackson

Zoning Multi

Interior

Heating Natural Gas

Cooling Gas

Fireplace N

Exterior

Parking Features false

Utilities Available Other

Roof Type Composition

Building

Story 2

Sewer City/Public

Water Public

Structure Type Vinyl Siding

Schools

School District Lee'S Summit

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Heartland MLS KS / Southeast Kansas AOR

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agent

Nickey Taylor

Agent | License ID: 2022030292

+1(913) 585-5855

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