123-125 & 129-133 N Lawn AVE Active Save Request In-Person Tour Request Virtual Tour
Kansas City,MO 64123
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Burge Park
MLS Listing ID 2576978
Year Built 1910
Annual Tax Amount $10,326
Lot Size 0.347 Acres
Property Sub-Type Apartment
Property Description
Explore a stable investment opportunity with the Burge Park Apartments, two 12-unit properties featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, these buildings offer newer windows, electrical service, plumbing, and 4-year-old TPO roofs. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash.
Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.
Location
State MO
County Jackson
Zoning MF
Interior
Heating Natural Gas
Cooling Electric
Exterior
Parking Features false
Utilities Available Ind Water Heaters,Separate Meters
Roof Type Synthetic
Building
Story 3
Sewer Public Sewer
Water City/Public - Verify
Structure Type Brick
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.dropbox.com/scl/fo/qt2ct427qzis75uzaedpz/ACdW8BGlUOLE7Ev8-Ny_Dcw?rlkey=z2l5unjbbigdledrvxel4vnir&st=hzi0ha3n&dl=0