Attn: Investors! Stable, cash flowing investment in up and coming area near downtown. The Avila Apartments 6-unit building is priced to sell at under $83k/unit and rents up to $950 per unit. Most of these spacious 1-bedroom units have updates and all are currently on long-term leases. Sale includes 2 vacant lots currently used as tenant parking. Opportunity for future development potential! This building has many updates: Brand new roof, new plumbing with tankless hot water and updated electrical. Central heat and AC. Utilities separately metered except for water. The Historic Northeast is just two miles from downtown KC, the medical school, new stadium and the freeway. Property values are rising quickly in this up and coming neighborhood. Take advantage of the opportunity to buy into this neighborhood now.
Listing courtesy of Gabrielle Wallace of Kansas City Regional Homes Inc.
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