203 N Mersington Avenue, Kansas City, MO 64123

$550,000

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List Price
$550,000
MLS#
2642390
Status
ACTIVE
Type
Multifamily
Lot Size
6,098
Acres
0.14
Subdivision
McKinney Heights

Property Description

Well maintained multi-family property located in Kansas City's historic Pendleton Heights neighborhood. Traditionally a four-plex, this building has been converted to add two additional units to the property with a Gross Rental Income potential of over $6,000/month. Inside you'll find very clean and spacious units with refinished hardwood floors, fresh paint, and new granite everywhere including the countertops, window sills, and fireplace mantles to set these units apart from others in the neighborhood. Shared common space in the basement provides laundry facilities and individual, dedicated storage for each occupant. Four of the units are already occupied with long-term tenants to help provide immediate income, while the two unoccupied units are move in ready and available for the new owner to lease at full-market value. The perfect investment property for your Real Estate portfolio. Conveniently located near everything downtown Kansas City has to offer as well as local neighborhood amenities such as the 300-acre Kessler Park and local restaurants and retail all of which are attractive to prospective tenants.

Additional Information

Year Built
1910
School District
Kansas City Mo
Basement
Yes
Interior Features
Common Entry
Roof
Other
Central Air
Electric, Other
Sewer
Public Sewer
Construction
Brick/Mortar
Water
Public
Cooling
Electric, Other
Heating
Electric, Other
Taxes
$3,056
Zoning
R-5

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Calculator source: Real Geeks

Listing courtesy of Bill Allen of BHG Kansas City Homes.

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