712-714 W 38th St - Apartments FOR SALE


Kansas City, MO 64111- Valentine
$775,000 USD
913-426-5576
712-714 W 38th St, Kansas City, MO for Sale
$775,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

712-714 W 38th St
Kansas City, MO 64111
Valentine


HIGHLIGHTS

  • Walk Score of 88 – Central Walkable Location to Bars, Restaurants & Gym
  • Original Hardwood Floors Historic Charm and Modern Updates
  • Great Value-add Play with Conversion to Two Bedroom Units with In-unit Laundry
  • Central Heat & Air

OVERVIEW

Introducing 38th Street Apartments, a six-unit apartment in the heart of the vibrant and centrally located Valentine neighborhood of Kansas City, Missouri. Each spacious one-bedroom, one-bathroom unit features original hardwood floors, central heating and air, and ample natural light. Two of the units have a luxury finish while the other four are made-ready but would command higher rents with a few strategic updates. The building has new windows, new plumbing, new electrical, and central heat and air. The roof about seven years old and in good shape. Electric and gas sub-metered while water is on one meter and offset with a utility fee to tenants. The units have a perfect layout to convert the front living room to a bedroom and add side by side in unit laundry. Offering both tenant appeal and strong investment potential in one of Kansas City’s most desirable neighborhoods, 38th Street Apartments is a rare opportunity to own a piece of the city’s thriving growth. Don’t miss out on this special opportunity!

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

6

PRICE/UNIT

$129,167

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

38th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,252 SF

ZONING

-

APN/PARCEL ID

30-310-21-12-00-0-00-000

ASK ABOUT THIS PROPERTY

Michelle LutzLutz Sales + InvestmentsMore Info
913-426-5576

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Michelle LutzLutz Sales + InvestmentsMore Info
913-426-5576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.