UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Logan Park
MLS Listing ID 2618252
Year Built 1930
Annual Tax Amount $4,847
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Apartment
Source hmls
Property Description
What truly sets this asset apart is the value-add opportunity. Current rents are below market, providing a clear path for a savvy investor to increase cash flow over time. By strategically raising rents to market levels and implementing efficient property management practices to control expenses, an investor can substantially improve the NOI and ultimately drive a higher valuation based on prevailing cap rates. Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this property checks all the boxes: solid unit mix, recent updates, and built-in equity growth potential.
Don't miss your chance to capitalize on this opportunity in a growing Kansas City market.
Location
State MO
County Jackson
Zoning r5
Interior
Interior Features Common Entry
Heating Electric
Cooling Electric
Fireplace N
Appliance Refrigerator, Electric Range
Exterior
Parking Features false
Utilities Available Multi-Unit Heat/Air
Roof Type Tar/Gravel
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Kansas City
Middle Schools Kansas City
High Schools Kansas City
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.zillow.com/view-3d-home/1aaab75a-b7fb-4940-847e-dfd8ebea3f51?setAttribution=mls&wl=true&utm_source=dashboard
Nearby Locations
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