$1,600,000
$1,600,000
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0.78 Acres Lot
SOLD DATE : 08/12/2024
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Wirth Add
MLS Listing ID 2487468
Sold Date 08/12/24
Originating Board hmls
Year Built 1956
Annual Tax Amount $19,759
Lot Size 0.780 Acres
Acres 0.7800046
Property Description
The Andrew Townhomes are a 3-building low-rise, walkup apartment complex situated in the historic Rosedale neighborhood of Kansas City, Kansas. KU Med anchors the Rosedale neighborhood’s job base and is one of the most popular submarkets in the Greater Kansas City Metro. These buildings stand 1-story with freshly painted brick exteriors and 20 off-street parking spaces at the rear. Each building has a full basement, roughly 10,000 SF (+/-) of total space, with 2 garage access points. Basements are currently used by an entity affiliated with the seller for inventory (12-month lease at $1,000/month). Basements do contain storage lockers for each unit, washer/dryer hookups and furnaces/hot water heaters. The buildings are separately metered for gas/electric and have individual hot water heaters (tenants responsible for gas/electric/water). Unit mix is comprised of 17 two-bedroom/one-bathroom units with an approximate unit size of 700 square-feet (+/-). Most units feature window units, hardwood flooring, functional floorplans, vinyl windows, Google Fiber and front/rear access. Select units (4 in total) have undergone more significant make-readies including LVT flooring, paint, stainless steel appliances, central air, and newer cabinets/fixtures. The building is currently owner-operated and has a history of high occupancy. All buildings/lots are located on one parcel, nearly an acre of space, and lie on the north side of 47th Street just west of Mission Road. The Andrew Townhomes have excellent commuter accessibility to highways/interstates and Kansas City’s central commerce corridor.
Location
State KS
County Wyandotte
Zoning R
Interior
Heating Forced Air
Cooling Electric, Window Unit(s)
Fireplace N
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Brick & Frame,Concrete
Schools
School District Kansas City Ks
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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