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Listed by Aaron Clemons • Clemons Real Estate LLC
$ 1,100,000
Est. payment /mo
Pending
3708-3710 Summit ST Kansas City, MO 64111
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Roanoke
MLS Listing ID 2555103
Year Built 1923
Annual Tax Amount $9,084
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Apartment
Source hmls
Property Description
Historic Midtown Asset: Classic 1920s brick building in the Roanoke neighborhood, surrounded by Westport, KU Med, and the Plaza.
Stabilized Core Systems: Major capex completed—new roof, parking lot, electrical, water heaters, and structural upgrades—reducing near-term risk.
Clear Rent Growth: Current average rents ($656–$805) trail market ($725–$945), offering a straightforward path to income growth through unit renovations.
Operational Upside: RUBS utility recovery already in place; professional leasing and management can further tighten expenses and drive NOI.
Stabilized Core Systems: Major capex completed—new roof, parking lot, electrical, water heaters, and structural upgrades—reducing near-term risk.
Clear Rent Growth: Current average rents ($656–$805) trail market ($725–$945), offering a straightforward path to income growth through unit renovations.
Operational Upside: RUBS utility recovery already in place; professional leasing and management can further tighten expenses and drive NOI.
Location
State MO
County Jackson
Zoning R-1.5
Interior
Heating Electric
Cooling Electric
Fireplace N
Appliance Disposal, Refrigerator, Built-In Oven
Exterior
Parking Features false
Utilities Available Separate Meters
Roof Type Composition
Building
Story 3
Sewer Public Sewer, Unknown
Water City/Public - Verify
Structure Type Brick/Mortar
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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