The Afton Apartments is an incredible value-add opportunity in one of Kansas Citys most vibrant and walkable neighborhoods. The property has undergone significant renovations in the last few years with all new back staircases and a new TPO roof. The current owner has completed an extensive renovation on one stack of four units, turning huge 1-bed 1-bath units into 2-bed 2-bath units with a luxury finish and in-unit laundry. The remaining 20 units can undergo this same luxury renovation to achieve an income upside of $630 per unit per month!This location in Southmoreland is 2 blocks from a new streetcar stop and walkable to bars and restaurants. Rarely does such an incredible value-add opportunity come up in this neighborhood. This property is stabilized now with incredible future upside in one of Kansas Citys most desirable neighborhoods. Do not miss the chance to add this to your portfolio!
Listed By
Agency Name: Lutz Sales + Investments
Agency Phone: 913-426-5576
Shown By
Agent Name: Waylon Martin
Agent Phone: (417) 410-5964
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
112-120 E 43rd Street | MLS# 2598249
This multi-family property located at 112-120 E 43rd Street, Kansas City, MO 64111 is currently listed for sale with an asking price of call for price. 112-120 E 43rd Street is located within the Kansas City Mo school district. Search Kansas City real estate on wmartin.trophypa.com today.