About this property

Occupied! DO NOT DISTURB! Showings by appointment only. Fully Occupied 5-Unit Small Apartment Multifamily with Value-Add Potential in Kansas City, KS! This solid 5-unit building is fully rented, generating $5,250/month in gross income. The 5 units range in size and layout, but have similar features, original hardwoods, trim and updates. All units are functional and have been cosmetically updated within the past 5-10 years. Utilities are not fully separated; the property is serviced by KS Gas and BPU (electric, water, trash), with the owner currently paying all utility costs. Currently totaling approx. 3,327 sqft of finished living area. The unfinished basement offers value-add potential for a 6th unitpossibly 1-2 bedroomswith a half bath already in place, shower plumbing stubbed, original brick fireplace, separate walk-up entrance, shared interior/laundry room access, and an attached 1-car garage. Finishing the 6th unit will add approx. 600 sqft of living space bringing the total to 3,927 sqft. Located on McGrew Grove, a quiet historic private street named after Kansas Lieutenant Governor James McGrew, this property offers both charm and easy access to highways. Ideal for investors seeking stable cash flow with room for growth. Showings available with proof of funds and tenant approval. Leases and rent roll to be provided with an accepted offer during the buyer's due diligence period.

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