3000 E Linwood BLVD Pending

Kansas City,MO 64128

$ 1890000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Package of Properties

Listing Status Pending

Purchase Type For Sale

Subdivision East Linwood

MLS Listing ID 2548151

Year Built 1909

Annual Tax Amount $18,190

Lot Size 8,712 Sqft

Property Sub-Type Package of Properties

Property Description

Discover the Linwood portfolio, an exceptionally well-maintained 26-unit portfolio in the heart of the Kansas City Metro, featuring three stately brick buildings with six, eight, and twelve units. These properties offer a diverse unit mix, including six three-bedroom, ten two-bedroom, ten one-bedroom units, catering to a wide range of tenants. Each building is equipped with on-site dedicated laundry facility for added tenant convenience and additional income with landlord owned laundry equipment. Extensive capital improvements include all new windows, roofs, plumbing, electrical, and HVAC across the entire portfolio. The landlord will inherit no voucher tenants and zero delinquency with all tenants on MTM leases. Foundations are in exceptionally good condition with steel beams and basements are dry. All buildings have high historical occupancy and are stable. Many of the 2 and 3 bed units can be converted to add an additional bedroom with minimal work. The upside income potential of this investment is thru the roof! If you have questions about owning multifamily investment property in Kansas City reach out. Financial details including rent roll are available on brokers website. This property does have assumable debt potential but the seller will not seller finance - please do not ask.

Location

State MO

County Jackson

Zoning R-0.5

Interior

Heating Forced Air

Cooling Electric

Exterior

Parking Features false

Utilities Available Cent Water Heater,Master Meters

Roof Type Composition

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Stone,Concrete

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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