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2115 E 30th Street

Kansas City, MO 64109
  • $560,000
  • STATUS: Active
  • ON SITE: 74 Days
  • ID#: 2465743
UPDATED: 17 min ago
$560,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Two historic brick 4plex's sit on 1 lot in a smoking hot area of Kansas City. $100 million+ in infrastructure redevelopment in adjacent area and more coming! 3 mins to new big name chain grocery store, large shopping center, police station, fire station, and bank. 5 mins to Crossroads Art District, Beacon Hill Neighborhood, KC Streetcar, downtown KCMO, Power and Light District. 10 mins to Country Club Plaza and the hip Westport District. 3000 Brooklyn Ave consists of 4 two-bed units. 2115 E 30th St. consists of 4 one-bed units. Current gross rents $5850 with 7 of 8 units leased. Increase to $6850 gross rents with just the vacant unit leased. Potential gross rents of $9400 if going all voucher with utilities included. (Based on 2024 Fair Market Rents, subject to change per Federal guidelines). Huge value-add opportunity to update vacant unit and additional unit that has well-below market rent, get up to market rents and institute bill back for water for all tenants. Or place voucher tenants as units turn for larger bump in cash flow. 6 of 8 units have been cosmetically updated prior to current tenants moving-in. 3 tenants are on leases expiring Q3 2024. 4 tenants are m-t-m. 1 vacant. Move quickly a smaller multifamily under $90K/door doesn't last long, especially in historic builds this close to the city center. Nearby 4plex's have been selling in past 60 days for $390K-$410K in less desirable areas. Comes with additional 3,200 SF lot next door with space to add approx 8 parking spots. Located in Qualified Opportunity Zone (QOZ). Interior photos will be available soon, please inquire with listing agent.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Dani Beyer Real Estate | Keller Williams KC North 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 non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-02-20T20:45:20.553.

Based on information submitted to the MLS GRID as of 2024-02-20T20:45:20.553 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.danibeyerrealestate.com/homes/145910744
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2115 E 30th Street Kansas City, MO 64109

  • Price: $560,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 17 min ago
  • ID#: 2465743
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1910
Built
Neighborhood:
Altamont
County:
Jackson
Area:
202 - Kansas City Area (So. Of River)
School District:
Kansas City Mo
Property Description
Two historic brick 4plex's sit on 1 lot in a smoking hot area of Kansas City. $100 million+ in infrastructure redevelopment in adjacent area and more coming! 3 mins to new big name chain grocery store, large shopping center, police station, fire station, and bank. 5 mins to Crossroads Art District, Beacon Hill Neighborhood, KC Streetcar, downtown KCMO, Power and Light District. 10 mins to Country Club Plaza and the hip Westport District. 3000 Brooklyn Ave consists of 4 two-bed units. 2115 E 30th St. consists of 4 one-bed units. Current gross rents $5850 with 7 of 8 units leased. Increase to $6850 gross rents with just the vacant unit leased. Potential gross rents of $9400 if going all voucher with utilities included. (Based on 2024 Fair Market Rents, subject to change per Federal guidelines). Huge value-add opportunity to update vacant unit and additional unit that has well-below market rent, get up to market rents and institute bill back for water for all tenants. Or place voucher tenants as units turn for larger bump in cash flow. 6 of 8 units have been cosmetically updated prior to current tenants moving-in. 3 tenants are on leases expiring Q3 2024. 4 tenants are m-t-m. 1 vacant. Move quickly a smaller multifamily under $90K/door doesn't last long, especially in historic builds this close to the city center. Nearby 4plex's have been selling in past 60 days for $390K-$410K in less desirable areas. Comes with additional 3,200 SF lot next door with space to add approx 8 parking spots. Located in Qualified Opportunity Zone (QOZ). Interior photos will be available soon, please inquire with listing agent.
Exterior Features

Construction Materials Brick & Frame Garage YN No Parking Features Off SiteOther Parking Total 4 Roof Other

Interior Features

Basement YN Yes Cooling Electric Cooling YN Yes Heating Natural Gas Laundry Features In Basement Unit Type Type 1 Bedroom2 Bedroom

Property Features

Age Description 101 Years/More Association Fee 0 Association YN No In Flood Plain No Inside City Limits Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalPrivate Maintenance Provided YN No Possession Close Of Escrow Property Sub Type Apartment Sewer City/Public Tax Total Amount 8170 Utilities Ind Heat And AirInd Water HeatersSeparate Meters Water Source Public Zoning R1.5

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Kirk Realty LLC.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Dani Beyer Real Estate | Keller Williams KC North 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 non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-02-20T20:45:20.553.

Based on information submitted to the MLS GRID as of 2024-02-20T20:45:20.553 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Dani Beyer Real Estate | Keller Williams KC North
310 NW Englewood Road
Kansas City MO, 64118