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(816) 807-8797
Home Smart Legacy
3943 Troost Avenue, Kansas City, MO 64110
- $?
- Sold Price
- $?
- List Price
- $595,000
- Closing Date
- Jan 31, 2025
- MLS#
- 2509584
- Status
- SOLD
- Type
- Multifamily
- Lot Size
- 3,983
- Acres
- 0.09
- Subdivision
- Troost Hills
Property Description
Back on the market at no fault of seller, the buyer canceled before doing inspections! Opportunity abounds in this classic value add property along the up and coming Troost corridor. The Troost Apartments is a 8,124 sq ft mixed-use brick building features 4 commercial spaces below and 6 residential units above. The multifamily units feature 2-bedroom layouts with a mix of 1, 1.5, and 2 bathrooms all with laundry in unit. The 4 street level commercial units are comprised of two 1,500 Sq Ft corner units & two 500 Sq Ft interior units. Located in the heart of a fast revitalizing Kansas City neighborhood, this property showcases beautiful architectural details and historical charm while having undergone major upgrades to the property. The residential units all offer spacious layouts & balconies, with central heat and AC, in unit laundry and a front and rear entrance. All units will still need some updating and are currently 100% vacant, presenting significant cashflow and equity potential. Two of the commercial units are occupied and leased with tenants who plan on staying long term. Electrical & Gas are separately metered, while water is on a master meter. With coffee shops, hospitals, and restaurants nearby, this is ideal for investors looking to unlock the property's full potential!
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Additional Information
- Year Built
- 1912
- School District
- Kansas City Mo
- Basement
- Yes
- Roof
- Tar/Gravel
- Central Air
- Gas
- Sewer
- City/Public
- Construction
- Brick, Concrete
- Water
- Public
- Cooling
- Gas
- Heating
- Forced Air
- Taxes
- $8,855
- Zoning
- B3-2
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Listing courtesy of Michelle Lutz of Lutz Sales + Investments.
Selling Office: .The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
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