3933 Warwick
- Historic 4,697 SF building built in 1890
- Large 3BR/2BA unit perfect for either owner-occupancy or split into two smaller units to boost income
- 4 spacious units with timeless architectural charm
- Value Add Opportunity to upgrade units over time and claim rent upside
- Located in the heart of Midtown Kansas City, just steps from the 39th Street KC Streetcar stop
- Strong rental income potential in a sought-after neighborhood
Property Description
Tucked in the heart of Midtown Kansas City’s vibrant Main Street corridor, 3933 Warwick presents a rare chance to own a fully leased fourplex steps from the future streetcar stop at 39th Street. This well-located asset sits in the walkable South Hyde Park neighborhood, surrounded by amenities and neighborhood charm. The property includes one spacious 3BR/2BA unit and three 1BR/1BA units with solid in-place rents and strong historical occupancy. A standout for an owner-occupant buyer, the three-bedroom unit offers the scale and layout of a traditional home, ideal for primary residence use while generating rental income from the other units. Existing leases support immediate cash flow, while proforma rents—supported by comps averaging $1,200 for 1BRs and over $2,100 for 3BRs—show clear upside. With light cosmetic updates, a buyer can elevate rents to market and capitalize on long-term value. Walk to 39th Street shops, the new KC Streetcar, and nearby parks—urban living at its most strategic.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $430,000 |
| No. of Units: | 4 |
| Year Built: | 1890 |
| Lot Size: | 0.29 Acres |
| Opportunity Zone: | No |
| Price per unit: | $107,500 |
| Property Website | Click Here |
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