4403-7 Holly Street, Kansas City, MO 64111

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$1,400,000
 est. $5,799/mo

*Additional and interior photos will be uploaded shortly This fantastic opportunity to own a well-maintained, 8-unit apartment complex ideally located near the vibrant Country Club Plaza, State Line Road, and KU Med is now available! Each spacious unit features 2 bedrooms, 1 full bathroom, a private balcony, and an open floor plan that creates a bright, welcoming atmosphere. The property includes 9 parking spots, providing ample space for tenants, as well as street parking. The building's full basement houses a convenient laundry facility for all residents and adds additional income for the owner. Units can be sold either furnished or vacant, offering flexibility to meet the needs of potential tenants. Significant renovations were completed approximately 6 years ago; including new HVAC systems, energy-efficient windows, fresh landscaping, updated interior doors, sliding doors, deck railings, and a variety of cosmetic improvements throughout the building. With its prime location and well-maintained features, this apartment complex presents a lucrative investment opportunity in one of Kansas City's most sought-after neighborhoods. Seller's intention is to continue to lease the basement/laundry if new Buyer is open to the idea at a rate of $1,000 per month. All projections of income and expenses are approximations; new owner/operator to confirm their Proforma numbers based on how they plan to utilize property. Seller is currently working on filling units for lease at approximately $1475 per month, if fully furnished rent could yield a higher rate.

Directions
State Line Rd to Westport Rd. East on Westport Rd to Holly St. Right on Holly St to property on left. Please note, Holly St is a one way street with traffic moving south.
Subdivision
Bunker Hill
City
Kansas City
County
Jackson
Property Type
Residential Income / Apartment
Listing Updated
Jan 10, 2025 at 5:01pm
MLS Number
2525460
Property Tax
$6,519
Zoning
$R-1.5
Home Owners Association
No
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