See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ray Homes KC Team • Compass Realty Group
$825,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Greendale
MLS Listing ID 2625728
Year Built 1960
Annual Tax Amount $113,000
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment
Source hmls
Property Description
Exceptional investment opportunity! This recently renovated all-brick 8-unit apartment building offers strong cash flow potential and long-term durability. The property consists of eight 1-bedroom, 1-bathroom units, each approximately 650 square feet, with updated interiors and well-maintained common areas. The building is currently operating as Section 8 housing, providing stable rental income and consistent tenant demand.
In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio.
Conveniently located with easy access to transportation. Don't miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units.
In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio.
Conveniently located with easy access to transportation. Don't miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units.
Location
State MO
County Jackson
Zoning R-1.5
Interior
Interior Features Apply To All Units
Heating Baseboard
Cooling Window Unit(s)
Fireplace N
Laundry Central Laundry
Exterior
Parking Features false
Utilities Available Ind Heat And Air
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Read Less Info
Nearby Locations
GET MORE INFORMATION