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423-427 Maple Boulevard

Kansas City, MO 64124
  • $1,980,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: 2462742
UPDATED: 72 min ago
$1,980,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

School District:

Description

Introducing this exceptional multifamily opportunity directly across the street from Kansas Citys premier medical school and well located just 2.5 miles from downtown. This fully rehabbed 18-unit has been meticulously reimagined from top to bottom. New roof, parking lot, siding, windows, interiors, nearly every aspect of this property has been updated and or is in new or like-new condition. With an assumable loan of just 3.85% for the next seven years, cash flow from day one with income upside in the future by raising rents to market rate. With an easy-to-manage design and central courtyard these 12 two beds and six one bed units have stainless steel appliances, quartz counters, in unit washer and dryer, tiled showers, and private patios or decks. New property management has taken over 2 months ago and has immediately brought the property to 100% occupancy. They are excited at the potential of this property and are ready to raise rents to market and take advantage of the medical school student rental pool next door. This small multifamily investment checks all the boxes! Assumable loan, fully rehabbed property, fantastic location!!!

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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 2023, 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: 2023-12-08T20:45:23.03.

Based on information submitted to the MLS GRID as of 2023-12-08T20:45:23.03 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/145181420
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423-427 Maple Boulevard Kansas City, MO 64124

  • Price: $1,980,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 72 min ago
  • ID#: 2462742
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1965
Built
Neighborhood:
Other
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
Introducing this exceptional multifamily opportunity directly across the street from Kansas Citys premier medical school and well located just 2.5 miles from downtown. This fully rehabbed 18-unit has been meticulously reimagined from top to bottom. New roof, parking lot, siding, windows, interiors, nearly every aspect of this property has been updated and or is in new or like-new condition. With an assumable loan of just 3.85% for the next seven years, cash flow from day one with income upside in the future by raising rents to market rate. With an easy-to-manage design and central courtyard these 12 two beds and six one bed units have stainless steel appliances, quartz counters, in unit washer and dryer, tiled showers, and private patios or decks. New property management has taken over 2 months ago and has immediately brought the property to 100% occupancy. They are excited at the potential of this property and are ready to raise rents to market and take advantage of the medical school student rental pool next door. This small multifamily investment checks all the boxes! Assumable loan, fully rehabbed property, fantastic location!!!
Exterior Features

Construction Materials Board/BattenConcrete Garage YN No Parking Features Off StreetPaved Roof Synthetic

Interior Features

Basement YN No Cooling Electric Cooling YN Yes Heating Forced Air Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 51-75 Years Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Apartment Sewer City/Public Tax Total Amount 6518 Utilities Separate Meters Water Source City/Public - Verify Zoning R-6

Listing information © 2023 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Lutz Sales + Investments.



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 2023, 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: 2023-12-08T20:45:23.03.

Based on information submitted to the MLS GRID as of 2023-12-08T20:45:23.03 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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