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2551 Holmes Street

Kansas City, MO 64108
  • $579,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 2387718
New On Site 6 Days Ago
UPDATED: 10 min ago
$579,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Incredible investment opportunity in the Longfellow/Hospital Hill neighborhood. This all brick building consists of 4 units with 5 private off-street parking spaces - including 2 garage spaces. All units 2 bed/1 bath. The basement provides storage space and full washer/dryers for each unit. There have been cosmetic updates in recent years as-needed, but the property offers a value-add opportunity for new ownership to make more significant improvements to achieve higher rents. Tenants pay all utilities - all units separately metered (including water). Owner responsible for public service meter for common areas. The property was inherited at the end of 2021. The 2 vacant units were occupied until the end of April 2022. They were previously rented for $950/month with leases that started in 2020. Great opportunity to renovate the 2 vacant units while still having consistent cash flow from units currently occupied. Or, rent as-is to achieve $1,050-$1095+/month.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-06-27T10:45:14.873.

Based on information submitted to the MLS GRID as of 2022-06-27T10:45:14.873 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.ericcraigrealestateteam.com/homes/130028567
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2551 Holmes Street Kansas City, MO 64108

  • Price: $579,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 10 min ago
  • ID#: 2387718
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1920
Built
Neighborhood:
Karnes & Ess' Add
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
Incredible investment opportunity in the Longfellow/Hospital Hill neighborhood. This all brick building consists of 4 units with 5 private off-street parking spaces - including 2 garage spaces. All units 2 bed/1 bath. The basement provides storage space and full washer/dryers for each unit. There have been cosmetic updates in recent years as-needed, but the property offers a value-add opportunity for new ownership to make more significant improvements to achieve higher rents. Tenants pay all utilities - all units separately metered (including water). Owner responsible for public service meter for common areas. The property was inherited at the end of 2021. The 2 vacant units were occupied until the end of April 2022. They were previously rented for $950/month with leases that started in 2020. Great opportunity to renovate the 2 vacant units while still having consistent cash flow from units currently occupied. Or, rent as-is to achieve $1,050-$1095+/month.
Exterior Features

Construction Materials Brick Garage YN Yes Parking Features DetachedGarageOff Street Parking Total 5 Roof Other

Interior Features

Basement YN Yes Cooling Electric Cooling YN Yes Heating Forced Air Interior Features Private Entry Laundry Features In Basement Unit Type Type 2 Bedroom

Property Features

Age Description 101 Years/More Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Property Sub Type Quadruplex Sewer City/Public Tax Total Amount 5509 Utilities Separate Meters Water Source Public

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Platinum Realty.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-06-27T10:45:14.873.

Based on information submitted to the MLS GRID as of 2022-06-27T10:45:14.873 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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