$480,000/mo

306 Spruce Avenue, Kansas City, MO 64124

  • Property Icon Rental
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

RARE chance to own this 6 unit apartment complex near Kessler Park and downtown Kansas City. This property consists of three 2 bedroom 1 bath units, two studio units, and one 1 bed 1 bath unit. At 80k/door - this is a great opportunity for value add investors to earn equity and cash flow through proven upside in rental rates. Four of the Six units are currently occupied. Recent updates have been made to the common area hallways. New electrical system installed in 2009. Coin operated laundry on site for additional monthly revenue. Off-street parking & Garage space / storage space provides an additional opportunity to increase monthly revenue. SELLER IS WILLING TO OWNER FINANCE - reach out for terms and details.

Listing Status:
Active
Listing Office:
Royal Oaks Realty : 816-892-0942
Listing Agent:
Steven May : 314-650-2106
MLS ID:
2584283
  • A/C: Window Unit(s)
  • Heating: Baseboard
  • Parking: Off Street
  • Roofing: Composition
  • Originating MLS: hmls
  • School District: Kansas City Mo
  • County: Jackson
  • Zoning: R313-830-09-29-00-0-00-000
  • Utilities: Ind Water Heaters
  • Water: Public
  • Sewer: Public Sewer
  • Source: hmls

This listing courtesy of Steven May, Royal Oaks Realty

Location

Schools Nearby

G

Gladstone Elementary School

335 N Elmwood Ave, Kansas City, MO, 64123

Grades PK-6

0.43 miles away

N

Northeast Middle School

4904 Independence Ave, Kansas City, MO, 64124

Grades 7-8

0.50 miles away

N

Northeast High School

415 Van Brunt Blvd, Kansas City, MO, 64124

Grades 9-12

0.39 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.

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