$1,200,000
$1,200,000
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1605 W 37th ST Kansas City, MO 64111
8,429 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2444683
Sold Date 11/21/23
Year Built 1920
Annual Tax Amount $4,314
Lot Size 8,429 Sqft
Acres 0.19350322
Property Description
Introducing an exceptional opportunity to own this charming multifamily property in the heart of Kansas City. This well-maintained 1920's construction all brick 12-unit property is situated in a highly desirable, walkable neighborhood just steps away from the renowned KU Medical Center and the bustling 39th Street Corridor. In addition to its excellent location the property offers several desirable features for residents including a dedicated parking lot and common on-site laundry facilities. The spacious one-bedroom apartments feature stunning hardwood floors, open layouts, and large windows that flood the units with natural light. The building features updated plumbing, electrical, and efficient new mini-splits in each unit to heat and cool. Identical units next door rent for $950. Each unit is separately metered for gas and electric, water is on one meter. Stable tenant base is currently under market, lots of potential for building optimization. Don't miss out on the opportunity to own this prime asset! No seller finance but commercial lender all lined up at 7.5%, 25 yr am and 25% down.
Location
State MO
County Jackson
Zoning R-1.5
Rooms
Basement true
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry In Basement
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Synthetic
Building
Story 3
Sewer City/Public
Water City/Public - Verify
Structure Type Brick & Frame,Concrete
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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