Property Description
The Shawnee Fourplex is a rare opportunity to acquire a stabilized, cash-flowing asset in one of the most desirable submarkets in the Kansas City metro, Johnson County, Kansas. Located in Shawnee, this 4-unit property is 100% occupied with three of the four units supported by Section 8 housing. Many updates have been made to the property. A new roof was put on 2 years ago, new windows and patio sliders within the last 4 years. End cap siding hardy board 4 years ago and all HVAC systems are new within the previous 4 years. The interiors of the units are clean and functional and long term tenants have enjoyed under market rents for many years. Investors benefit from immediate cash flow with minimal operational burden, making this an ideal set it and forget it asset. The property is situated in Johnson Countyone of the strongest rental markets in the regionknown for its high household incomes, top-rated schools, and continued population growth. These fundamentals support long-term tenant demand and strong rent growth. With limited multifamily inventory in Johnson County assets like this rarely come available. This property offers both stability today and the opportunity to organically grow income over time through rent increases. Whether you are a new investor or adding to an existing portfolio, this is a clean, simple deal in an A+ location. Information deemed reliable but not guaranteed. No seller finance, please do not ask.
Property Details 6340-6346 Hallet Street, Shawnee, KS 66216
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Estimated Monthly Mortgage Calculator
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