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Listed by Brice Bradshaw • Compass Realty Group
$ 1,750,000
Est. payment /mo
Active
3433 Central ST Kansas City, MO 64111
6,199 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Hyde Park
MLS Listing ID 2534436
Originating Board hmls
Year Built 1911
Annual Tax Amount $11,901
Lot Size 6,199 Sqft
Acres 0.14230946
Property Sub-Type Apartment
Property Description
One of areas original colonnade-style buildings residing in the Old Hyde Park Historic District. Built in 1911, the building is comprised of 17 units, standing 3-stories and provides 3 off-street parking spaces at the rear (ample street parking). Armour View offers a variety of floorplans including studios, 1-bedroom and 2-bedroom units, ensuring a broad appeal to tenants with diverse needs and preferences. The studio units have an approximate unit size of 385 square-feet (+/-), one-bedrooms units have an average size of 515 square-feet (+/-) and the two-bedroom unit has an approximate size of 771 square-feet (+/-). The building is all-electric with a virtual doorman service upon entry and provides a laundry care center to tenants in the basement (multiple coin-operated machines – Jetz Lease). Water/Hot Water is common with multiple machines working in sequence (landlord responsibility) and the building is separately metered for electric (tenant's responsibility).
All units at the complex feature hardwood floors and laminate/tile (kitchen/baths), PTAC units for heating/cooling (15 units), Google Fiber, fully equipped kitchens, single-pane windows and functional floorplans. Select units have balconies (6 units) and central air (2 units). Ownership/management have implemented monthly RUBS/water fees to all units ranging from $60-$70. The property boasts an excellent location near the shops in Broadway-Gillham, Martini Corner and the new KC Streetcar Extension Line. The asset presents an appeal to both the stabilized and value-add investor. Buyer could continue to manage property as-is with small incremental improvements to present a uniform product across all units or look to carry out a more significant rehab to all units with modern/higher-end finishes including addition of in unit laundry and updated kitchens and baths. The value-add project allows a new owner maximum flexibility to bring their vision to a great building in a superb location.
All units at the complex feature hardwood floors and laminate/tile (kitchen/baths), PTAC units for heating/cooling (15 units), Google Fiber, fully equipped kitchens, single-pane windows and functional floorplans. Select units have balconies (6 units) and central air (2 units). Ownership/management have implemented monthly RUBS/water fees to all units ranging from $60-$70. The property boasts an excellent location near the shops in Broadway-Gillham, Martini Corner and the new KC Streetcar Extension Line. The asset presents an appeal to both the stabilized and value-add investor. Buyer could continue to manage property as-is with small incremental improvements to present a uniform product across all units or look to carry out a more significant rehab to all units with modern/higher-end finishes including addition of in unit laundry and updated kitchens and baths. The value-add project allows a new owner maximum flexibility to bring their vision to a great building in a superb location.
Location
State MO
County Jackson
Zoning R-0.5
Interior
Heating Other
Cooling Electric, Window Unit(s)
Fireplace N
Laundry In Basement
Exterior
Parking Features false
Utilities Available Cent Water Heater, Ind Heat And Air, Separate Meters
Roof Type Other
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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