6,707 Sqft Lot
6,707 Sqft Lot
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Hollywood
MLS Listing ID 2534442
Originating Board hmls
Year Built 1920
Annual Tax Amount $3,140
Lot Size 6,707 Sqft
Acres 0.15397154
Property Sub-Type Apartment
Property Description
Build equity while enjoying immediate cash flow. This all-brick six-unit apartment building is an investor's dream, featuring spacious 2-bedroom, 1-bath units with open-concept kitchens, dining, and living areas.
Fully leased with long-term tenants who want to stay. Recently renovated, all units have been updated within the last five years, featuring granite countertops, tile flooring, and original hardwood floors throughout, with carpet in the bedrooms. The apartments offer a wonderful open floor plan and beautiful large patios. Located in a high-growth area on a historic block in an up-and-coming neighborhood, this property presents a value-add opportunity, allowing investors to build sweat equity and long-term wealth.
Just 8 minutes from downtown Kansas City, 6 minutes from the original Gates Bar-B-Q restaurant, and 8 minutes from Arrowhead Stadium, home of the back-to-back Super Bowl champion Kansas City Chiefs. Only 5 minutes from the 18th and Vine Historic Jazz District and minutes from Kauffman Stadium, home of the Kansas City Royals and a 2026 World Cup venue. Conveniently located near the Plaza shopping center, Westport entertainment district, multiple highways, the Kansas City Zoo, and Starlight Theatre.
Supplements include comparable sales proving the potential for instant equity, Section 8 rent rates with the possibility of up to $1254 per unit, and rent rolls demonstrating reliable monthly payments from quality tenants. Schedule your tour and submit your offer today. This opportunity won't last.
Equity, cash flow, fully rented, investor-friendly, tenant-occupied, up-and-coming area, and a prime location—this building has it all.
Although all information is deemed reliable, buyers and their agents are responsible for conducting their own due diligence to verify the accuracy of this listing.
No sellers disclosures available.
Location
State MO
County Jackson
Zoning yes
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Refrigerator, Built-In Electric Oven
Laundry In Basement
Exterior
Parking Features false
Utilities Available Multi-Unit Heat/Air
Roof Type Other
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame
Schools
Middle Schools Central
High Schools Central
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Broker-Owner | Lic# MO#2004020982 | KS#00242210