Brooklyn Fourplex

  • $419,000
Featured For Sale
1009-1011 Brooklyn Ave, Kansas City, MO 64127
  • Fourplex
  • Property Type
  • 4
  • Rooms
  • 4,944
  • Sq Ft
  • 1930
  • Year Built
Featured For Sale
1009-1011 Brooklyn Ave, Kansas City, MO 64127
  • $419,000

Overview

  • Fourplex
  • Property Type
  • 4
  • Rooms
  • 4,944
  • Sq Ft
  • 1930
  • Year Built

Description

This well maintained 4 plex has had the same owner for 44 years! Each 2 bedroom, 1 bathroom unit is super spacious. Easily convert into 3 bedrooms and install washer dryers in each unit. The seller built a gorgeous brick and stone four car garage recently and poured a new concrete driveway. Market rate for these units is well over $1,195 if simple interior cosmetic updates are made.

Why We Love It: The location is good, several new construction projects in the nearby vicinity. A brand new high dollar boiler was installed last year and you’ll have super low utility costs. The basement is empty, perfect to add a common laundry or for additional storage. Market rents are $1195+. Extra large parcel, could possibly use the extra land for construction of another building. 

The Challenge: Current tenants only pay $700 per month and have lived there for 20 years. Turnover will happen and units will need to be updated for highest ROI.

The Value Add Play: Get all the units up to market value and consider adding infill to the lot.

  • Address 1009-1011 Brooklyn Ave
  • City Kansas City
  • State/county Missouri
  • Zip/Postal Code 64127
  • Country United States

Details

Updated on March 24, 2025 at 2:04 pm
  • Price: $419,000
  • Property Size: 4,944 Sq Ft
  • Rooms: 4
  • Bathroom: Built In 1930
  • Garages: 4 Units
  • Year Built: 1930
  • Property Type: Fourplex
  • Property Status: For Sale

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Michelle Lutz
  • Michelle Lutz