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Listed by Micah Thomas • Standard Real Estate
$450,000
Est. payment /mo
6,512 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Hyde Park
MLS Listing ID 2650246
Year Built 1920
Annual Tax Amount $8,746
Lot Size 6,512 Sqft
Acres 0.14949495
Lot Dimensions 50 X 130
Property Sub-Type Quadruplex
Source hmls
Property Description
Investment opportunity in historic Hyde Park! This distinctive three-story fourplex offers immediate rental income with three occupied apartments generating $2,745 per month, plus a vacant two-bedroom apartment on the third floor ready for its next tenant or owner occupant. Fully leased, gross monthly income would be close to $4,000! Originally built around the turn of the century, the property features an impressive covered front porch with stone columns, hardwood floors, original architectural details, and a generous off-street parking area behind the building. The vacant third-floor apartment is full of character, with interesting rooflines, dormer windows, hardwood floors, a full kitchen with dishwasher, a clawfoot bathtub, and its own private deck overlooking the neighborhood. Common-area laundry provides additional convenience for residents. The property also previously accommodated a fifth apartment with separate exterior access at the rear, offering an opportunity to explore restoring that space to residential use, subject to applicable zoning, permitting, and city approval. Situated in the heart of Midtown Kansas City, just minutes from Westport, the Country Club Plaza, and a wide variety of shopping, dining, and entertainment. A compelling investment with established income, a vacant unit available to lease, and additional potential for a future owner to explore! Photos are of unit 4 on the 3rd level.
Location
State MO
County Jackson
Zoning R6
Interior
Heating Central Gas
Cooling Window Unit(s), Zoned
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater, Separate Meters
Roof Type Composition
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Kansas City Mo
Others
Acceptable Financing VA Loan, Cash, Conventional, FHA
Listing Terms VA Loan, Cash, Conventional, FHA
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