2805 Charlotte Street, Kansas City, MO 64109

Property Description

The property at 2805 Charlotte is a meticulously restored, three-story brick complex located in the highly sought-after historic Longfellow neighborhood of Kansas City, Missouri. Constructed in 1920, this classic-style building exudes timeless charm while offering modern conveniences, making it an exceptional investment opportunity. The complex comprises six fully renovated 2-bedroom, 1-bathroom units, each with a thoughtfully designed footprint of approximately 900 square feet. Residents enjoy private patios or balconies with picturesque neighborhood views, as well as six off-street asphalt parking spaces conveniently located at the rear of the property. Following an extensive 18-month rehabilitation project completed in 2023, the property has been fully stabilized and now operates at 100% occupancy under the management of a reputable third-party firm. Each unit has been upgraded to Class A standards, featuring high-end finishes including stainless steel appliances, quartz countertops, new windows, in-unit washers and dryers, fully updated bathrooms, new fixtures, and refinished flooring. Additionally, significant infrastructure improvements include the installation of a new sewer line to the main and updates to plumbing and electrical. Modern amenities include central air conditioning, individual hot water heaters, and separate utility metering for gas, electric, and water, ensuring optimized operational efficiency. The building's exterior has also been refreshed with newer paint further enhancing its curb appeal. This turn-key asset offers investors a rare opportunity to acquire a fully modernized property in a vibrant, historically rich neighborhood with strong tenant demand.