203 N Mersington Avenue
Property Description
Well maintained multi-family property located in Kansas City's historic Pendleton Heights neighborhood. Traditionally a four-plex, this building has been converted to add two additional units to the property with a Gross Rental Income potential of over $6,000/month. Inside you'll find very clean and spacious units with refinished hardwood floors, fresh paint, and new granite everywhere including the countertops, window sills, and fireplace mantles to set these units apart from others in the neighborhood. Shared common space in the basement provides laundry facilities and individual, dedicated storage for each occupant. Four of the units are already occupied with long-term tenants to help provide immediate income, while the two unoccupied units are move in ready and available for the new owner to lease at full-market value. The perfect investment property for your Real Estate portfolio. Conveniently located near everything downtown Kansas City has to offer as well as local neighborhood amenities such as the 300-acre Kessler Park and local restaurants and retail all of which are attractive to prospective tenants.
Broker Details
Better Homes and Gardens Kansas City Homes (913) 661-1434
MLS ID: 413514963
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $550,000 |
| No. of Units: | 6 |
| Year Built: | 1910 |
| Opportunity Zone: | No |
| Price per unit: | $91,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-HMLSKS-2642390
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