3 Mcgrew GRV Save Request In-Person Tour Request Virtual Tour
Kansas City,KS 66101
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Mc Grew Grove
MLS Listing ID 2563333
Year Built 1930
Annual Tax Amount $2,550
Lot Size 0.270 Acres
Property Sub-Type Apartment
Property Description
Turnkey 5-Unit Investment Property – Zoned Small Apartment | Kansas City, KS |
Fully occupied and generating $5,730/month in gross rent, this stabilized small apartment is ready for a new investor to step in and cash flow from day one.
The current owner has brought all five units to market rent or better — turning over the property with improved tenant profiles and refreshed interiors. The layout includes one 2-bedroom unit and four 1-bedroom, 1-bath units, each with original hardwood floors, charming trim, and cosmetic updates made within the past 5–10 years. All units are functional, clean, and tenant-occupied.
The basement offers value-add potential with a partially finished sixth unit featuring a half bath already in place, shower plumbing stubbed, original fireplace, walk-up entrance, shared laundry access, and an attached garage. Once completed, this space could add 600+ square feet of rentable area.
Owner currently pays all utilities. Current rents include off-street parking and shared laundry access — there is also a garage and storage shed being used by owner, none of which are currently monetized, presenting future income opportunities!
Located on quiet, historic McGrew Grove just minutes from downtown KCK and major highways, this property sits in a convenient corridor with strong rental demand.
Showings available by appointment only with proof of funds.
Lease details and financials to be provided during due diligence after accepted offer.
Location
State KS
County Wyandotte
Zoning APT
Interior
Heating Natural Gas
Cooling Electric
Laundry Central Laundry,In Basement
Exterior
Parking Features true
Utilities Available Cent Water Heater,Master Meters,Multi-Unit Heat/Air
Roof Type Composition
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Stucco & Frame
Schools
School District Kansas City Ks
Others
Acceptable Financing Cash,Conventional,Other,Private Financing Available
Listing Terms Cash,Conventional,Other,Private Financing Available