Occupied! DO NOT DISTURB! Showings by appointment only. Fully Occupied 5-Unit Small Apartment Multifamily with Value-Add Potential in Kansas City, KS! This solid 5-unit building is fully rented, generating $5,250/month in gross income. The 5 units range in size and layout, but… Read More have similar features, original hardwoods, trim and updates. All units are functional and have been cosmetically updated within the past 5–10 years. Utilities are not fully separated; the property is serviced by KS Gas and BPU (electric, water, trash), with the owner currently paying all utility costs. Currently totaling approx. 3,327 sqft of finished living area. The unfinished basement offers value-add potential for a 6th unit—possibly 1–2 bedrooms—with a half bath already in place, shower plumbing stubbed, original brick fireplace, separate walk-up entrance, shared interior/laundry room access, and an attached 1-car garage. Finishing the 6th unit will add approx. 600 sqft of living space bringing the total to 3,927 sqft. Located on McGrew Grove, a quiet historic private street named after Kansas Lieutenant Governor James McGrew, this property offers both charm and easy access to highways. Ideal for investors seeking stable cash flow with room for growth. Showings available with proof of funds and tenant approval. Leases and rent roll to be provided with an accepted offer during the buyer's due diligence period. Read Less
Listing Snapshot
Days Online
2
Property Type
Converted Residence
Lot Size
0.27 Acres
Year Built
1930
MLS Number
HMS2542550
Additional Details
Appliances & Equipment
Description: "Microwave", "Refrigerator", "Built-In Electric Oven"
Building
Construction Materials: "Stucco & Frame", Year Built: 1930
Cooling
Details: "Electric"
Exterior Features
Patio Features: "Deck", "Patio", "Porch"
Heating
Heating: "Natural Gas"
Laundry
Description: "Central Laundry", "In Basement"
Lot
Size: 11761
Parking
Parking Total: 5
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Cent Water Heater", "Master Meters", "Multi-Unit Heat/Air"
Listing courtesy of United Real Estate Kansas City 816-629-4494
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers 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 noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
Confirm your time
Fill in your details and we will contact you to confirm a time.