2617 Washington Avenue, Kansas City, KS 66102
Local realty services provided by:ERA McClain Brothers



2617 Washington Avenue,Kansas City, KS 66102
$399,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:parker beck
Office:compass realty group
MLS#:2463580
Source:MOKS_HL
Price summary
- Price:$399,000
About this home
See offering memorandum in supplements for more information and remarks for tour info. The subject offering consists of 4 single-family rental properties in Kansas City, Kansas. All homes are situated blocks off the Parallel Parkway and provide similar levels of make and finish. The portfolio of homes is currently owner-managed and has a history of high occupancy. All homes in the portfolio have hardwood floors, washer/dryer hookups and machines, basements, central air and at least two bedrooms and one bathroom. The building at 1975 Parallel is currently vacant and boarded up without a functioning HVAC (out of service). The 1975 building does have a new roof and new siding. There is a combination of flooring throughout the homes consisting of hardwoods, carpet, tile, and vinyl. The 2617 Washington building does have 2 detached garages, the only building in the portfolio with a garage amenity. The portfolio provides new ownership a great value-add opportunity with potential to sell homes individually to maximize value in a residential market in need of inventory with strong demand. Incremental improvements to the property including the uniform make-readies to kitchens and bathroom will result in higher rents exceeding $1,000+. Two of the tenants have been in place for over 15 years while and units are well under market rent for SFRs. The properties are being sold as-is and the sellers make no warranties/guarantees.
Contact an agent
Home facts
- Year built:1940
- Listing Id #:2463580
- Added:637 day(s) ago
- Updated:November 16, 2023 at 10:54 PM
Heating and cooling
- Cooling:Electric
- Heating:Forced Air Gas
Structure and exterior
- Roof:Composition
- Year built:1940
Utilities
- Water:City/Public
- Sewer:City/Public
Finances and disclosures
- Price:$399,000
- Tax amount:$3,398
New listings near 2617 Washington Avenue
- New$255,000Active4 beds 3 baths2,106 sq. ft.
4215 Roswell Avenue, Kansas City, KS 66104
MLS# 2569012Listed by: UNITED REAL ESTATE KANSAS CITY - New$250,000Active4 beds 3 baths2,532 sq. ft.
2520 N 85th Street, Kansas City, KS 66109
MLS# 2569075Listed by: PLATINUM REALTY LLC - New$275,000Active3 beds 2 baths1,492 sq. ft.
116 N 71st Street, Kansas City, KS 66111
MLS# 2569027Listed by: REALTY OF AMERICA - $1,500,000Active4 beds 4 baths3,571 sq. ft.
4825 N 123rd Street, Kansas City, KS 66109
MLS# 2549744Listed by: KELLER WILLIAMS KC NORTH - Open Thu, 4 to 6pm$330,000Active3 beds 2 baths1,800 sq. ft.
2100 S 37th Street, Kansas City, KS 66106
MLS# 2558071Listed by: REAL BROKER, LLC - New$230,000Active3 beds 2 baths1,527 sq. ft.
5550 Webster Avenue, Kansas City, KS 66104
MLS# 2568094Listed by: REECENICHOLS- LEAWOOD TOWN CENTER - New$225,000Active3 beds 3 baths2,156 sq. ft.
5168 Douglas Avenue, Kansas City, KS 66106
MLS# 2568619Listed by: COLDWELL BANKER REGAN REALTORS - New$225,000Active2 beds 2 baths1,020 sq. ft.
28 S 6th Street, Kansas City, KS 66101
MLS# 2568701Listed by: REECENICHOLS - LEAWOOD - New$125,000Active0 Acres
1266 & 1268 Argentine Boulevard, Kansas City, KS 66105
MLS# 2568799Listed by: MILESTONE REALTY LLC - New$229,000Active-- beds -- baths
5028-5030 Georgia Avenue, Kansas City, KS 66104
MLS# 2568649Listed by: VIDCOR LLC