Discover an unparalleled investment opportunity with these two well-built brick sixplexes, located next to each other in the vibrant Historic Northeast neighborhood of Kansas City, Missouri. Both originally constructed in 1910, these properties have been well cared for since. They feature new TPO roofs, updated windows, new plumbing stacks in one building, new furnaces, and refreshed appliances, ensuring modern comfort in a historic setting.
All twelve units are extra-large 3-bedroom, 1-bathroom units, each featuring light-filled living areas. Walkable to Concourse Park, just two blocks from the Kansas City Museum, and easy access to all of the Kansas City Metro. New coffeeshop just down the street and many local businesses along St John Avenue. This location is an attractive choice for both tenants and investors!
Why we love it: The rent roll speaks for itself, three bedroom units fetch an amazing rent. Private parking lot in back is bonus.
The Challenge: Older buildings with a mostly voucher tenant base.
The Value-Add Play: Add in-unit laundry or laundry machines in each basement, currently no laundry on site.