This beautiful building with attached green space and potential to add in more units is perfect for the new or savy investor! Currently under renovations, General Contractor is willing to stay on and finish through the selling process, work is advancing, permits obtained! 3 story brick & stone building plus garden level & basement built in 1906. Approximately 142? of frontage on E Missouri Ave, 40? on Gillis St, & 60? alleyway. Proposed plans for 7-unit apartment building w/possibility to convert to mixed-use residential/storefront building for neighborhood serving businesses. North End? an authentic historic neighborhood in the up and coming ethnically diverse area of town. Area is seeing revitalization with new mixed-use single/multi-family, & commercial development to include planned riverfront KC Streetcar extension & women?s soccer stadium expected to open in 2024. Central location w/excellent access to I-35, I-49, I-70, Hwy 9, Hwy 24, & Hwy 71.
Explore this promising investment opportunity located in the vibrant heart of Kansas City, Missouri. This multi-family residence presents a unique prospect for both homebuyers looking to reside in one of the units and investors aiming for rental income.The property features a spacious owner-occupied two-bedroom unit on the main level, providing ample room and comfort for personal living. Additionally, there are two nicely proportioned one-bedroom units above, each offering potential for rental income which could subsidize mortgage payments or generate cash flow.This residence is set in a prime location. Residents can enjoy the convenience of off-street parking – a valuable asset in any urban setting. The neighborhood balance of residential calm and city vibrance is perfect for those who appreciate close proximity to lifestyle amenities without compromising on a peaceful living environmentKansas City, zip code 64106, is not only rich in culture and entertainment but also boasts easy access to diverse dining, shopping, and recreational spots. The area is known for its community engagement and provides a welcoming atmosphere for all residentsWhether you're looking to renovate to add personal touches or capitalize on the existing layout, this property offers plenty of potential to enhance and increase its value over time.Don’t miss out on the chance to own a piece of Kansas City’s growth and transformation. Ideal for those looking for a home that doubles as an investment, this multi-family property is a rare find in a sought-after locale. Schedule your viewing today and envision the possibilities that await at this unique address.
The median home value in Kansas City, MO is $222,100. This is higher than the county median home value of $212,500. The national median home value is $338,100. The average price of homes sold in Kansas City, MO is $222,100. Approximately 47.96% of Kansas City homes are owned, compared to 41.02% rented, while 11.02% are vacant. Kansas City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kansas City real estate agent to arrange a tour today!
Kansas City, Missouri 64106 has a population of 502,597. Kansas City 64106 is more family-centric than the surrounding county with 28.58% of the households containing married families with children. The county average for households married with children is 28.36%.
The median household income in Kansas City, Missouri 64106 is $60,042. The median household income for the surrounding county is $60,800 compared to the national median of $69,021. The median age of people living in Kansas City 64106 is 35.4 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 41.9 inches per year, with 14.5 inches of snow per year.