$650,000
$650,000
For more information regarding the value of a property, please contact us for a free consultation.
5121 Thompson AVE Kansas City, MO 64124
3,720 Sqft Lot
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Dundee Park
MLS Listing ID 2425851
Sold Date 05/30/23
Year Built 1923
Annual Tax Amount $3,673
Lot Size 3,720 Sqft
Acres 0.08539945
Property Description
This eight-unit apartment in Kansas City's Historic Northeast neighborhood contains eight functional 1-bedroom units, with separately metered utilities with exception of water, and potential for future on-site laundry. The double corner lot leaves room for on-site gated parking in the future. Market rent is ~$875/mo (already achieved) or can get $1002/mo for voucher tenants.
Two options: the seller will give the buyer the property now for $600k and let them select their own tenants and add the laundry room, or he will fill up and add laundry and sell at $650k. Don't miss out on huge monthly cash flow with this property!
Location
State MO
County Jackson
Zoning R-2.5
Rooms
Basement true
Interior
Interior Features Individual Storage
Heating Natural Gas
Cooling Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater, Separate Meters
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Concrete, Stucco
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
