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$179,000
0 Baths
Property being sold As-Is. Call for Offers Monday (12/5) at 4PM. See offering memorandum in supplements for more information. 3232 Gillham is a unique triplex located in historic North Hyde Park in the heart of Midtown Kansas City, Missouri. Built in 1920, the property stands 2.5-stories and offers 3 parking spaces at the rear. In 2005, the property underwent an extensive renovation which included the roof, windows, appliances, electrical and HVAC. It is believed in its early days, the 1st level of the property operated as a general store with the owners residing upstairs. The property is separately metered for electric (100 AMP) and gas and common water. All units at the property are one-bedroom, one-bathroom units with varying layouts. The unit's square footage approximately range anywhere from 650 sf to 900 sf. Laundry is provided in the basement of the building and is currently on a Jetz Lease. All units at Gillham have separate entries, central air, forced air gas furnaces, fully equipped kitchens, excellent natural lighting, large closet space and tub/showers. The first-floor unit has a combination of tile and vinyl flooring while the top two units have hardwoods throughout. The property is owner-managed and currently 67% occupied. Potential buyers have a various range of opportunities to assess in regard to the value-add component of this building. Buyers could choose to continue to run the property as-is while increasing rents as they are well below market. Alternatively the kitchens/bathrooms could be redone, and washers/dryers could be installed in units to maximize rents. Other strategies may include converting the building to an AirBnb or short-term rental for traveling nurses.

3232 Gillham Road, Kansas City

Listing courtesy of Brice Bradshaw of Compass Realty Group.

$549,900
0 Baths
Welcome to your next investment and opportunity to own part of Kansas City's Historic Columbus Park!! 1105 AND 1107 are being sold together as an entire triplex. Sellers are open to separate contracts per side with "matching" closing dates for two buyers. Building is being sold in it's present condition. Immaculately maintained three unit building with original exposed brick and plaster interiors, gorgeous archways, hard wood and tile floors, bistro style back patio area, and all the charm one could ever want out of Kansas City's historical buildings! All units will be empty and ready to rent. COVID protocols are still in place, please take off shoes or wear the provide shoe coverings when entering the building. Masks ARE required, and will be provided. Recent Updates: New roof over whole building and 1105 entrance, tile in 1105 LL unit, 1107 balcony, new hot water heaters and flue for both 1105 and 1107, new regulators in 1105 heating units, concrete steps to cellar, and masonry/tuck pointing around entire building. Utilities available upon request. Seller's have LOVED this home and neighborhood for nearly 30 years, caring for it dedicatedly each step of the way. Their family is grown and it is time to move on, making room for a new story. Your story! This is a rare oppotunity and we look forward to warmly handing it off to the lucky buyer(s)! Unit 1105 has been pressure tested and is WINTERIZED.

1105 and 1107 Missouri Avenue, Kansas City

Listing courtesy of Heather Shelton of RE/MAX Elite, REALTORS.

$189,000
0 Baths
Property being sold as-is. Offers are due Saturday, November 12th by 1:00 PM. Please email to parker.beck@compass.com. The property is a triplex (converted residence) in historic North Hyde Park in the heart of Midtown Kansas City, Missouri. The property stands 2.5-stories with a brick and wood siding exterior and excellent location near the shops in Broadway Gillham and Martini Corner. The property is separately metered for electric with common gas and common water (new hot water heater). Two forced air gas furnaces service the 3 units, and the water has been shut off due to a broken supply line from a freeze in the spring. The triplex is comprised of two one-bedroom, one-bathroom units with an approximate unit size of 650 sf and one two-bedroom, one-bathroom unit with an approximate unit size of 850 sf. Laundry is provided in the basement of the building and is currently on a Jetz Lease. The house is wired for Google Fiber and a majority of the flooring is hardwoods with some linoleum and carpet sprinkled in. Previous rents when the property was occupied were well below market ranging from $475-$625. Potential buyers have a various range of opportunities to assess in regard to the value-add component of this building. Buyers could choose to keep it a triplex and fully update the building to todays finishes potentially utilizing it as an owner-occupy rental, AirBnb, a short-term rental for traveling nurses or standard rental property. On the other hand, this building could be converted back to a residential home where comps are ranging anywhere from $375,000 to $500,000+ (turnkey) in the immediate area, maximizing the square footage and restoring the historic character to the home. Both are realistic options but returns need to be measured by potential achievable rents in comparison to true apartment complexes vs converted homes. See supplements for offering memorandum.

3433 Charlotte Street, Kansas City

Listing courtesy of Parker Beck of Compass Realty Group.

$525,000
0 Baths
25K PRICE IMPROVEMENT!! INSTANT EQUITY! Grand home in historic Hyde Park. Surrounded by an iron gated fence. Boasting an enormous covered stone front porch, perfect for relaxing and entertaining your guests in the quiet neighborhood. Newly refinished original hardwood floors! Large windows allow the sun to pour into the home. This home beams old-world charm and character. The main home has 6 enormous bedrooms, 3 baths, and 2 kitchens! The third-floor apartment has 2 bedrooms and 1 bath (presently rented). The basement has a spacious studio apartment (presently rented). The gorgeous home was previously rented as a legally conforming triplex. Potential rental income of at least $5900 per month. It could be de-convert to a single-family home, OR keep it as is, and use it as a GREAT rental property/Airbnb with income in place, OR move in and supplement your mortgage! So many options for your buyer! Would be a great property to see if a 203k loan would be an option. AMAZING location and is close to the Plaza, Westport, Union Hill, Crossroads, KU MED, and Downtown KC! A bedroom on the main floor and a family room on the second floor is currently being worked on. Work will be completed by the seller. The previous buyer's financing fell through. Passed FHA appraisal. Previous home inspection and sewer scope uploaded in supplements. Appraisal value of 595k. Appraisal report available on request A bedroom on the main floor and family room on the second floor are currently being worked on. Work will be completed by the seller. The previous buyer's financing fell through. Passed FHA appraisal. Previous home inspection and sewer scope uploaded in supplements. Appraisal value of 595k. Appraisal report available on request. All information is deemed reliable, but not guaranteed. Square footage, acreage, and taxes are approximate and the buyer and buyer's agent to verify.

3810 Harrison Boulevard, Kansas City

Listing courtesy of Jessica Patterson of BHG Kansas City Homes.

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use

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