Discover the Linwood portfolio, an exceptionally well-maintained 18-unit portfolio in the heart of the Kansas City Metro, featuring two stately brick buildings with six and twelve units. These properties offer a diverse unit mix, including six three-bedroom, six two-bedroom, six one-bedroom units, catering to a wide range of tenants. Each building is equipped with on-site dedicated laundry facility for added tenant convenience and additional income with landlord owned laundry equipment. Extensive capital improvements include all new windows, roofs, plumbing, electrical, and HVAC across the entire portfolio. The landlord will inherit no voucher tenants and zero delinquency with all tenants on MTM leases. Foundations are in exceptionally good condition with steel beams and basements are dry. All buildings have high historical occupancy and are stable. Many of the 2 and 3 bed units can be converted to add an additional bedroom with minimal work. The upside income potential of this investment is thru the roof! If you have questions about owning multifamily investment property in Kansas City reach out. Financial details including rent roll are available on brokers website. This property does have assumable debt potential but the seller will not seller finance - please do not ask.
Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
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