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Listed by George Medina • ReeceNichols - Country Club Plaza

$549,000

Est. payment - /mo

3,810 Sqft Lot

Active

220 W Armour BLVD Kansas City, MO 64111

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Abby Powers

abby@abbypowers.com +1(816) 295-9835

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Hyde Park

MLS Listing ID 2579451

Year Built 1920

Annual Tax Amount $3,077

Lot Size 3,810 Sqft

Acres 0.08746556

Property Sub-Type Duplex

Source hmls

Property Description

Rock solid. Clutch Location. Income-ready WITH VALUE ADD UPSIDE in a THIRD UNIT! This duplex is in terrific condition and has seen multiple upgrades, including a new roof, refinished/new floors (hardwoods in one and wide LVP in other), and fresh interior paint in both units. HVAC systems are just 5 years young! The dynamic and sought after combination of space (1500 sq ft), layout, office/flex room space, 12-foot porches, IN UNIT LAUNDRY, in a bustling and walkable area has allowed ownership to command tremendous rents at $1800 and $1875. Tenants paying for all utilities with exception to water. How about doubling down with higher future cash flows and investment appreciation? THIS is THE PROPERTY! The basement is an incredible opportunity for a third unit - open floor plan, 10 ft. ceilings, exterior entry and agrees windows already in place! Discussions have already been had with city zoning and planning and there are no foreseen issues with rezoning as a triplex. Your investment not only returns as cash flows, but further improves the value of the property for an amazing long-term hold in an ever growing area. Want to owner occupy? For ONLY 5% down, you could occupy one of the units soon while renting out the other. This would cover more than half your monthly payment! This is a property that has been built to stand the test of time in Kansas City's prolific Midtown, minutes from the Crossroads, Downtown, River Market, Westport, and the Plaza. Secure this win today, with room to rise tomorrow!

Location

State MO

County Jackson

Zoning R-0.5

Interior

Heating Natural Gas

Cooling Electric

Fireplace N

Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Built-In Electric Oven, Stainless Steel Appliance(s), Washer

Laundry In Basement, Inside

Exterior

Parking Features false

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Synthetic

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick/Mortar

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan

Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan

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Abby Powers

Agent | License ID: 2017015953

+1(816) 295-9835

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220 W Armour BLVD Kansas City, MO 64111

Abby Powers

Key Details

Location

Interior

Exterior

Building

Schools

Others

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220 W Armour BLVD