
Seller's Agent in 2022
Michelle Lutz
Lutz Sales + Investments
(888) 220-0988
2 in this area
207 Total Sales
Comprised of 12 spacious true one bed/one bath 500 sq foot units. Separate kitchen and living areas with a small eat in kitchen. Central AC and heat. Laundry is located in the basement along with clean dedicated locked storage unit for each tenant. Common hallways have all been modernized with new carpet and paint and all units have updated drywall construction and no plaster.
Three story all brick construction with dedicated parking lot in back which can be easily gated if desired. This building has ALL utilities separately metered, even the water. Owner is responsible only for trash, common electric and gas and insurance. Entire building is wired for Google Fiber. The one bed/one bath units are highly desirable in this neighborhood as it is located less than a mile away from area hot spots like UMKC and KC Art Institute.
Long time owners have focused elsewhere and currently have only 4 of the 12 units occupied despite being in rent-ready condition. Those 4 occupied units are currently mid lease with most at $650 a month. All major cap ex has been completed. Additional cosmetic upgrades could be considered on an as needed basis or done right away to achieve completely repositioned high end luxury small multifamily jewel in the heart of city. This property possess all elements to become a cash flowing, quintessential Hyde Park jewel, coveted by landlords and tenants alike.
Last Agent to Sell the Property
Lutz Sales + Investments License #SP00239672 Listed on: 09/01/2022
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/15/2022 11/15/22 | Sold | -- | -- | -- |
09/16/2022 09/16/22 | Pending | -- | -- | -- |
09/01/2022 09/01/22 | For Sale | $899,000 | -- | -- |
Seller's Agent in 2022
Michelle Lutz
Lutz Sales + Investments
(888) 220-0988
2 in this area
207 Total Sales
Buyer's Agent in 2022
Lee Ripma
Lutz Sales + Investments
(619) 508-3803
1 in this area
90 Total Sales
Source: Heartland MLS
MLS Number: 2401843