$1,115,000/mo

123-125 N Lawn Avenue, Kansas City, MO 64123

  • Property Icon Rental
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Explore a stable investment opportunity with Carolina Apartments, a 12-unit property featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, the building offers newer windows, electrical service, plumbing, and a 4-year-old TPO roof. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash. Information deemed reliable but not guaranteed. No seller finance, please do not ask. Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.

Listing Status:
Active
Listing Office:
Lutz Sales + Investments : 913-426-5576
Listing Agent:
Michelle Lutz : 913-426-5576
MLS ID:
2576978
  • A/C: Electric
  • Heating: Natural Gas
  • Parking: On Street
  • Roofing: Synthetic
  • HOA Amenities: 0.0
  • Originating MLS: hmls
  • School District: Kansas City Mo
  • County: Jackson
  • Zoning: RBURGE PARK---ALL OF LOT 22 & S 27' OF LOT23 BLK 313-820-21-06-00-0-00-000
  • Utilities: Ind Water HeatersSeparate Meters
  • Water: City/Public - Verify
  • Sewer: Public Sewer
  • Source: hmls

This listing courtesy of Michelle Lutz, Lutz Sales + Investments

Location

Schools Nearby

G

Gladstone Elementary School

335 N Elmwood Ave, Kansas City, MO, 64123

Grades PK-6

0.15 miles away

N

Northeast Middle School

4904 Independence Ave, Kansas City, MO, 64124

Grades 7-8

0.49 miles away

N

Northeast High School

415 Van Brunt Blvd, Kansas City, MO, 64124

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.