2623 10Th St, Kansas City, MO 64127
4 Unit Apartment Building | $410,000 ($102,500/Unit) | 7.39% Cap Rate | Kansas City, MO 64127
For Sale
Active
Asking Price $410,000
- Property Type
-
Multifamily
- Square Feet
- 3,200 SF
Listing Contacts
Nick Ambrosio
Jack McGuire
Property Overview
The Tiehen Group is pleased to exclusively present 2623 E. 10th Street, a small multi-family property located in Kansas City, MO. The property consists of 4-units, which have large 2-bedroom and 1-bathroom units. The property has been purchased by the seller within the last 3 years and has received numerous interior and exterior renovations. The seller is well versed in this pocket of town and has worked with local programs to increase rents up to $1258/mo. The property also contains an additional 0.16-acre lot which is primed for development. The Tiehen Group envisions the perfect investor for this property as someone who is well versed in C-class properties and understands the benefits of voucher tenancy.
Property Details
- Class
- C
- Year Built
- 1909
- Stories
- 2
- Lot Size (sq. ft)
- 13,068 SF
- Units
- 4
Highlights
- Fully turn-key asset with fantastic in place rents
- Located in appreciating part of town
- Experienced owner willing to stay on as property manager
- Adjacent lot primed for development or additional parking
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