MO > Kansas City
Kansas City, MO 64117,4651 NE Antioch RD
Kansas City, MO 64117,4651 NE Antioch RD
Kansas City, MO 64117,4651 NE Antioch RD
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Listed by Alex Olson • Legendary Apartment Brokers
$1,850,000
Est. payment /mo
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0.6 Acres Lot
Active

4651 NE Antioch RD Kansas City, MO 64117

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Rob Clifton

Rob Clifton

+1(816) 804-1110

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2532627

Originating Board hmls

Year Built 1975

Annual Tax Amount $18,427

Lot Size 0.597 Acres

Acres 0.5968779

Property Sub-Type Apartment

Property Description

26 units. twenty 1BR, five Studios, and one 2BR 1Ba. Laundry in lower level of building. Execute business plan to achieve nearly a 9% cap rate. Units have been remodeled over time. Appliances replaced as needed. Class A location with broad appeal due to it's economic benefits. Unique micro location. Located in a private park-like setting surrounded by playfields. Exceptional highway access to everything in Kansas City. Amazing transportation channels - located next to main arteries of travel throughout KC and Northland. Within minutes of restaurants, grocery store, and entertainment. Fantastic price per unit. Located in coveted area north of the river, strongest growing sub market in KC metro. Ability to push rents further on lease up as units turn (see rent study). Highly desirable assets in KC in this location creates forced appreciation. Continue to make the building nicer over time or right away to maximize building potential. Although RUBS program is in place, improve water conservation with low flow toilets or similar as units turn and upgrade common area lighting to LED to lower utility bills. No seller financing or loan assumption.

Location

State MO

County Clay

Zoning R-MF

Interior

Heating Electric, Other

Cooling Electric, Window Unit(s)

Fireplace N

Appliance Refrigerator, Built-In Electric Oven

Exterior

Parking Features false

Utilities Available Cent Water Heater, Ind Heat And Air, Ind Water Heaters, Multi-Unit Heat/Air, Separate Meters

Roof Type Other

Building

Story 2

Sewer City/Public

Water Public

Structure Type Other

Schools

School District North Kansas City

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://youtu.be/_EaGBXdt-Vc

Heartland MLS KS / Southeast Kansas AOR

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agent

Rob Clifton

+1(816) 804-1110

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4651 NE Antioch RD

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