5540 Osage Avenue, Kansas City, KS 66106

Excellent income producing property in Turner area with income upside! 4 2 bdrm units. 3 of the 4 units have been remodeled the last 3 years and also had their windows replaced. Units were remodelled as they got vacated. 5540 Osage tenant has been a long term tenant. 2 units on ground level facing Osage. Other 2 units are in walkout lower level. Seller is selling in "as is" condition. Sold as a package with 5532 Osage Ave next door which is a 3 unit building priced at $265,000 for a total of $595,000. Ample parking for tenants and guests in large parking lot in rear of building. All units have central heating and window air units. Units have laundry hook-up for W/D in the kitchen. Close to schools. Tenants pay utilities. Owner pay lawn maintenance, building maintenance & parking area maintenance. Seller estimates he has $2000-2500/yr per building in misc expenses for repairs/ & maintenance. Listing agent is part owner of Santorini Investment LLC which owns the property.