3126 Charlotte Street, Kansas City, MO

Multi-family for Sale - $375,000 - 3,878 Sq. Ft. on 4825 acres


Agent Info

Jeff Cates
Cates Auction Real Estate Company

Property Info

CIMLS#1153211
Location
  3126 Charlotte Street
  Kansas City MO 64109
UpdatedJanuary 2nd, 2024
TypeMulti-family
Price$375,000
Building3,878 Sq. Ft.
Land4825 acres

Property Description

Hyde Park Duplex: Your Next Prime Investment!

Discover the perfect investment in Hyde Park – a remarkable 3-story duplex offering a blend of style, comfort, and profitability. This well-maintained property features a total of 10 bedrooms across two units, each showcasing a unique living experience and an established income stream.

Financial Highlights:

Annual Gross Income: $77,879

Rental Strategy: Each bedroom is currently rented separately with a 30-day minimum lease, maximizing income potential.

Unit Descriptions:

Main Level Unit: Boasts 4 spacious bedrooms, 2 full baths, a cozy living room, and a fully equipped eat-in kitchen. The charm of beautiful hardwood floors runs throughout, creating a warm and inviting atmosphere.

Second Floor Unit: This unit includes 5 bedrooms, 2 full baths, a comfortable eat-in kitchen, and a delightful covered porch. Hardwood flooring enhances the beauty and ease of maintenance.

Third Floor Suite: A private and exclusive area featuring 1 bedroom, 1 full bath, a living room, a kitchen, and a unique private entrance. The highlight is the third-floor private deck offering serene outdoor space. *Note the third floor is part of the second unit in regards to all of the utilities.

Recent Upgrades:

2020 saw significant enhancements including the addition of 2 separate bedrooms, each with an ensuite full bath and a separate entrance, at the back of the building.

A new attached 3-story staircase and a private deck for the third-floor suite elevate the property's appeal and functionality.

Why This Property?

Location: Situated in the desirable Hyde Park area, known for its vibrant community and accessibility.

Income Potential: With a strong rental history and high demand, this property is a lucrative investment.

Versatility: Offers various renting strategies, from short-term to long-term leases.

Don't Miss Out: This cash-flowing property is an opportunity that won't last long. Secure your future with this promising investment. Be part of the auction before it's too late!


Financials