Description
Introducing an exceptional opportunity to own this charming multifamily property in the heart of Kansas City. This well-maintained 1920s construction all brick 12-unit property is situated in a highly desirable, walkable neighborhood just steps away from the renowned KU Medical Center and the bustling 39th Street Corridor. In addition to its excellent location the property offers several desirable features for residents including a dedicated parking lot and common on-site laundry facilities. The spacious one-bedroom apartments feature stunning hardwood floors, open layouts, and large windows that flood the units with natural light. The building features updated plumbing, electrical, and efficient new mini-splits in each unit to heat and cool. Identical units next door rent for $950. Each unit is separately metered for gas and electric, water is on one meter. Stable tenant base is currently under market, lots of potential for building optimization. Don't miss out on the opportunity to own this prime asset! No seller finance but commercial lender all lined up at 7.5%, 25 yr am and 25% down.
-
0BEDS
-
0.19ACRES
-
0BATHS
-
01/2 BATHS
Description
Introducing an exceptional opportunity to own this charming multifamily property in the heart of Kansas City. This well-maintained 1920s construction all brick 12-unit property is situated in a highly desirable, walkable neighborhood just steps away from the renowned KU Medical Center and the bustling 39th Street Corridor. In addition to its excellent location the property offers several desirable features for residents including a dedicated parking lot and common on-site laundry facilities. The spacious one-bedroom apartments feature stunning hardwood floors, open layouts, and large windows that flood the units with natural light. The building features updated plumbing, electrical, and efficient new mini-splits in each unit to heat and cool. Identical units next door rent for $950. Each unit is separately metered for gas and electric, water is on one meter. Stable tenant base is currently under market, lots of potential for building optimization. Don't miss out on the opportunity to own this prime asset! No seller finance but commercial lender all lined up at 7.5%, 25 yr am and 25% down.
Heartland MLS Terms of Use
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2023, Heartland Multiple Listing Service, Inc. Heartland MLS and Team Real Estate | eXp Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2023-09-29T16:45:45.353.
Based on information submitted to the MLS GRID as of 2023-09-29T16:45:45.353 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.