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$3,500,000
115-119 W 39th St, Kansas City, MO 64111
0 Beds
0 Baths
n/a SqFt

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58 units in the heart of midtown and just steps from the new Kansas City streetcar expansion. This property is comprised of two twin brick buildings with a charming courtyard space. This property is currently occupied mostly by voucher tenants but has the potential to be converted into a showplace in a fantastic location. Future owner could combine the mostly one-bedroom units into more spacious two-bed units with the possibility of adding in-unit laundry. Common laundry currently located in the basement. There are two offices at the property in addition to a large common lobby area. Currently the building has mostly street parking but there is potential to purchase the parking lot next door. Cash flow as is and wait for the certain fast appreciation along the streetcar line or rehab now into luxury housing located just minutes from the Plaza, KU Med, Power and Light and all benefits of the downtown lifestyle. Rehabbed one beds across the street are currently renting for $825/month. Street car construction is in progress and will be completed by 2025.
  • Price:
  • $3,500,000
  • Acreage:
  • 0.35
  • Year Built:
  • 1925
  • Listing ID #:
  • HMS2385357
  • Street Address:
  • 115-119 W 39th St
  • City:
  • Kansas City
  • State:
  • Missouri
  • Postal Code:
  • 64111
  • County:
  • Jackson
  • Community:
  • 202 - Kansas City Area (so. Of River)
  • Subdivision:
  • Other
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
School District: Kansas City Mo
  • Age Description:
  • 76-100 Years
  • Construction Description:
  • Brick
  • Has Basement:
  • Yes
  • Number Of Units:
  • 58
  • Stories:
  • 3
  • Year Built:
  • 1925
  • Conforms To Zoning:
  • Mf
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 15265
  • Originating Mls:
  • Hmls
  • Terms:
  • Cash, Conventional
  • Parking Description:
  • On Street
  • Cooling System:
  • Window Unit(s)
  • Existing Water:
  • Public
  • Heating:
  • Hot Water, Steam
  • Sewage Type:
  • City/Public
  • Utilities:
  • Cent Water Heater
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lee Ripma of Platinum Realty
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