1316 Admiral Boulevard, Kansas City, MO 64106

$647,000

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List Price
$647,000
MLS#
2619360
Status
ACTIVE
Type
Multifamily
Lot Size
2,404
Acres
0.06
Subdivision
Primrose Hill

Property Description

Terrific opportunity to invest in this all brick 9-unit apartment building with high occupancy, long-term tenants, and the ability to add value by increasing to market rate rents, consolidating utility expenses, and/or adding affordable housing tenants. All units are studios with 2 different floorplans. 8 of the 9 units are currently leased. The unoccpuied unit is being kept vacant for showings. Positioned just minutes from some of Kansas City’s most dynamic destinations, this property is located less than 1 mile from Kansas City University Medical Campus, Downtown Kansas City, River Market, and the Columbus Park neighborhood. While the immediate area is still evolving, the location offers exceptional proximity to ongoing redevelopment, major employment centers, established neighborhoods, entertainment, and future growth opportunities throughout the urban core.

Additional Information

Year Built
1920
School District
Kansas City Mo
Basement
Yes
Interior Features
Storage, Common Entry
Exterior Features
Balcony
Roof
Tar/Gravel
Central Air
Window Unit(s)
Sewer
Public Sewer
Construction
Brick, Vinyl Siding
Water
Public
Cooling
Window Unit(s)
Heating
Hot Water, Wall Furnace
Taxes
$1,981
Zoning
M1-5

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Sally Burns of RE/MAX LEGACY.

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