Discover the potential of this 29-unit gem located in the heart of midtown. The prime location is conveniently situated near the new KC Streetcar, offering easy access to all the city has to offer. This brick building offers a courtyard and a spacious lobby. The mostly one-bedroom units have the possibility of being combined into larger two-bedrooms and can be equipped with in-unit laundry. A portion of the building suffered from a fire, but with the insurance claim of $1.1M+ available for rehab you can really make this shine! Don’t miss the chance to transform this property in a highly desirable location!
Why we love it: Rehab funds from the insurance claim make this building completely ready for a new owner to transform into a trophy asset. Qualifies for MOBucks.
Challenges: Limited parking, small units, and a big project.
Buyer Detail and Financials