3319 E 30th Street
Property Description
New to the market is this cash-flowing 6-unit multifamily property offering immediate income with significant upside potential. Each of the six units features a desirable 2 bed / 1 bath layout, appealing to a wide tenant base and supporting strong long-term occupancy. The property underwent major capital improvements in 2021, including new windows, updated lighting, and central HVAC systems in all units-minimizing near-term maintenance concerns and enhancing tenant comfort. What truly sets this asset apart is the value-add opportunity. Current rents are below market, providing a clear path for a savvy investor to increase cash flow over time. By strategically raising rents to market levels and implementing efficient property management practices to control expenses, an investor can substantially improve the NOI and ultimately drive a higher valuation based on prevailing cap rates. Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this property checks all the boxes: solid unit mix, recent updates, and built-in equity growth potential. Don't miss your chance to capitalize on this opportunity in a growing Kansas City market.
Broker Details
Keller Williams Realty Partners, Inc (913) 906-5400
MLS ID: 413595379 State License Number: 2017044716
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $450,000 |
| No. of Units: | 6 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Price per unit: | $75,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 6 |
ID: 3yd-HMLSKS-2618252
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