3401 Central ST, Kansas City, MO 64105
3401 Central ST, Kansas City, MO 64105
3401 Central ST, Kansas City, MO 64105
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 Alex Olson • Legendary Apartment Brokers
$1,249,000
Est. payment /mo
0.25 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Hyde Park

MLS Listing ID 2643746

Year Built 1930

Annual Tax Amount $11,760

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Apartment

Source hmls

Property Description

Rare opportunity to acquire a 12-unit apartment building in the heart of Midtown Kansas City with strong in-place operations and immediate upside. The property consists of 12 spacious 1BR/1BA units, approximately 744 SF each, with all units located above grade. Units have been remodeled with modern finishes and color schemes, with many featuring quartz/granite countertops and stainless steel appliances. Major building components including HVAC, water heaters, electrical and plumbing were replaced/updated in 2019/2020, along with vinyl windows throughout. The roof is approximately six years old.

Current rents are solid with additional room to grow toward market, providing a straightforward path to increased income. Additional upside may be available through adding in-unit washer/dryers, while the building already offers two washers and two dryers for tenant use. Other features include central heating and cooling, four off-street parking spaces, a shared tenant patio and a large dry basement with potential for a tenant workout/amenity area. Tenants pay their own gas and electric; owner pays water, trash and common-area electric.

Excellent Midtown location near Downtown and the Country Club Plaza and within walking distance of the KC Streetcar extension, restaurants, shopping, employment and everyday amenities. A well-operated property offering a combination of modernized units, strong location and additional income-growth potential.

Location

State MO

County Jackson

Zoning MF

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Microwave, Refrigerator, Electric Range

Laundry In Basement

Exterior

Parking Features false

Utilities Available Master Meters, Separate Meters

Roof Type Synthetic

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional, Exchange Only

Listing Terms Cash, Conventional, Exchange Only

Virtual Tour https://drive.google.com/drive/folders/104TKzv8vvdS0RNFcqi6fPumLrBPaRXdI?usp=sharing


Read Less Info
Heartland MLS KS / Southeast Kansas AOR

Nearby Locations

Davida VOLONNINO
Davida VOLONNINO

Agent License ID: 00246431

+1(913) 938-3339 | davida.volonnino@exprealty.com

GET MORE INFORMATION

Name
Phone*
Message