House for sale

Overview

2057 N. 5th Street is a 6-unit, low-rise walkup apartment complex located near Downtown Kansas City, Kansas. Built in 1960, the building is located in a residential area and is owner-operated. Downtown is home to the KCK Police Headquarters, City Hall, the County Courthouse, The Bob Dole Federal Courthouse, Memorial Hall and 7th Street Casino. Also located downtown is the Main Library, Hilton Garden Inn and The Strawberry Hill Museum. 2057 N. 5th Street has good commuter accessibility to highways/interstates and nearby shops/restaurants (Strawberry Hill and Downtown KCK). The property stands 1-stories with vinyl windows and a pitched composition shingle roof. The building is separately metered for gas, electric and has common water/hot water (tenants responsible for electric/gas). Off-street parking is provided at the front of building to tenants (2+ spaces). All tenants are on Section 8/Housing vouchers and all tenants are on current leases. The building is comprised of 4 one-bedroom/one-bathroom units (500sf +/-), 1 two-bedroom/one-bathroom unit (650sf +/-) and 1 three-bedroom/two-bathroom multi-level unit (1, 000sf +/-) and basement laundry/storage (coin-operated machines). All units feature mini-split systems for cooling, hardwoods/vinyl/carpet (combination) and functional floorplans. The building has a history of high occupancy and underwent a moderate renovation in 2016 to present a more uniform product. Property is being sold as-is and is 100% occupied.