$995,000
SOLD NOV 1, 2024
Last list price
-- Bed
-- Bath
5,850 Sq Ft
8,753 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

39 Days on Market

About This Home

As of November 2024

Your chance to own a classic colonnade building in the heart of Kansas City’s walkable Valentine neighborhood. The building contains six 2 bedroom, 1 bathroom units, each with a large private balcony. The spacious units have charming original hardwood floors and are filled with natural light. The basement contains one additional unit.

Renovated units feature an in-unit washer-dryer and luxury kitchens including tile backsplash, quartz countertops, and stainless appliances. Classic units use a shared laundry room with a coin operated washer and dryer. The well-kept brick building underwent extensive renovation four years ago including new windows, updated electrical panels, and updated plumbing. The dedicated parking lot is behind the building and fits 12+ cars.

In addition to being in a great walkable neighborhood this property is minutes from major hospitals and employers including being less than 1 mile away from KU Medical, the area’s largest hospital and medical school and less than 3 miles from Children’s Mercy Hospital, the City’s second largest employer. The property is 1.6 miles to the famed Country Club Plaza and walking distance to all of the bars and eateries in the Westport neighborhood.

This is an excellent opportunity for investors seeking a trophy property in a prime location with income upside!

Last Agent to Sell the Property

Lee Ripma

Lutz Sales + Investments Brokerage Phone: 816-866-8322 License #2021021630 Listed on: 08/10/2024

Last Buyer's Agent

Sarah Jaeger

Chartwell Realty LLC License #2009034274

Chartwell Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,690

Home Design

  • Stone Frame
  • Synthetic Roof

Interior Spaces

  • 5,850 Sq Ft Home
  • 3-Story Property

Parking

  • 14 Parking Spaces
  • Off-Street Parking

Additional Features

  • 8,753 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-310-25-08-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Albery's Richard Subdivision

Building Details

  • Gross Income $102,273

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,690

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Ripma
  • Listing Service: Full Service
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 3690
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Tax Total Amount: 3690
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 25000.00
  • Major Repair Description: New roof
  • Package: Optional
  • Attribution Contact: 816-866-8322
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Stories: 3

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Stone & Frame

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 14

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Junior High Dist: Kansas City Mo

Lot Info

  • Zoning: R-6
  • Building Area Total: 5850
  • Lot Size Area: 8753
  • Lot Size Sq Ft: 8753
  • Parcel Number: 30-310-25-08-00-0-00-000
  • Subdivision Name: Albery's Richard Subdivision
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 7

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 102273
  • Current Occupancy Rate: 80-90%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3690
  • Tax Abatement YN: 0

Range of Values:

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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
11/01/2024 11/01/24 Sold -- -- --
09/18/2024 09/18/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $995,000 -- $170 / Sq Ft
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: 2502698

Heartland MLS