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Listed by Alex Olson • Legendary Apartment Brokers
$ 825,000
Est. payment /mo
New
2755 Cherry ST Kansas City, MO 64109
3,200 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Active
Purchase Type For Sale
Subdivision Hoelzel'S Addition
MLS Listing ID 2562823
Year Built 1895
Annual Tax Amount $10,517
Lot Size 3,200 Sqft
Acres 0.07346189
Lot Dimensions 25 x 128
Property Sub-Type Package of Properties
Source hmls
Property Description
100% occupied package of three large single-family homes in the heart of Midtown Kansas City, including two 3-bedroom, 2-bath homes and one 4-bedroom, 2-bath home. Each house offers central heating and cooling, in-unit washer and dryer, and many with dishwashers. Excellent maintenance history with strong in-place tenants. Outstanding value for the location—these homes are walkable to the streetcar line and or other key transit options. Retail value if sold individually could be significantly higher than the package price. Investors have multiple exit strategies: improve over time, flip for immediate cash, rehab and sell to owner-occupants, or hold as-is and let appreciation do the work. See rent study, building details, profit and loss statements and more in the supplements. Addresses are: 823 W 39th Ter, 2755 Cherry, 3816 Wyoming
Location
State MO
County Jackson
Zoning RES
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Inside
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
