NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1965 Built

Last Sold March 03, 2017

38 Days on Market

About This Home

As of March 2017

30 unit complex consisting of 12 unit brick building with 10-2 bed & 2-1 bed units plus 9 duplexes containing 8-2 bed and 10-1 bed units. This has been a turn around property for the past 18 months having gone from 50% to 95% occupancy. There is much upside potential in this midtown location with a lot of room for further upgrades and rental increases. There has been much deferred maintenance addressed including painting, appliances, flooring, plumbing etc. Google fiber in all units. This property is well positioned to take advantage the excellent location close to KU Med, Plaza, Art Institute, UMKC, and downtown as well as being convenient to Westport, Crossroads and Power and Light District.

Last Agent to Sell the Property

Mike Dyer

Compass Realty Group License #SP00016024 Listed on: 11/08/2016

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,928

Year Built

  • Built in 1965

Home Design

  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Baseboard Heating
  • Separate Meters

Community Details

  • 30 Units
  • Gross Income $199,540

Listing and Financial Details

  • Assessor Parcel Number 112600

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,928

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 51-75 Years
  • Legal Description: GROSS RES, S34, T11, R25, ACRES 1.13, N 1/2 L5, ALL L6 TO L9, PART L10 DESC AS: BEG 183.3FT N SE COR L10; W 57FT, N 15FT, W TO W LINE L10, N TO NW COR, E TO NE COR, S TO POB
  • Major Repair Description: roofs
  • Package: No
  • Year Built: 1965
  • Down Payment Deprecated: No
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Michael Dyer
  • List Office Mls Id: RAN 03
  • List Office Name: ReeceNichols Overland Park
  • List Office Phone: 913-339-6800
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 81600
  • Special Documents Required: No
  • Tax Total Amount: 10928
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Basement: No
  • Laundry Features: Central Laundry
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Central Gas
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • School District: Kansas City Ks

Lot Info

  • In Floodplain: Unknown
  • Zoning: KRP5
  • Parcel Number: 112600

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 30

Multi Family

  • Gross Income: 199540
  • Current Occupancy Rate: 90-95%
  • Operating Expenses Include: Accounting, Electricity, Maintenance, Property Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Sewer, Water

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 10928.00

MLS Schools

  • School District: Kansas City Ks

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold -- -- --
12/16/2016 12/16/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $1,400,000 -- --
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2021626

Heartland MLS