USAMOKansas CitySmart's D O Add527 Gladstone Blvd

527 Gladstone Blvd, Kansas City, MO

Name: 527 Gladstone Blvd, For Sale in Kansas City - Zoocasa
Brand: Lutz Sales + Investments
SKU: 2648591
Price: 595000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$595,000

005

MLS® 2648591

Overview

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

Maintenance Fees

Taxes $4,089

Days Active 0

Approx. Age 1909

MLS® Number 2648591

Property Address: 527 Gladstone Blvd, Kansas City, MO, 64124-3128

Average square foot calculated using Size range provided by listing agent.

Description

Situated along Kansas City's iconic Gladstone Boulevard, this stately three-story brick sixplex combines historic charm, stable cash flow, and excellent upside potential. Featuring a beautiful, welcoming front porch and timeless architectural character, this classic Northeast property is just two miles from downtown Kansas City and conveniently located near public transportation.The property offers an attractive unit mix of two 2BR/2BA units, one 2BR/1.5BA, one 2BR/1BA, and two 1BR/1BA units. All six units have received varying levels of upgrades within the past six years. Currently 100% occupied with a stable tenant base, the property generates $5, 755 in total monthly income, with rents ranging from $650 to $1, 025. Multiple additional income streams make this investment especially appealing! A detached three-car garage, on-site laundry facilities, and tenant-paid utility, parking, and pet fees provide revenue beyond base rents and help offset operating expenses. The landlord pays water and sewer, while trash service is provided through free city pickup. Additional off-street parking is available behind the building, along with ample boulevard parking. With a full basement, numerous capital improvements already completed, established occupancy, and meaningful room to increase rents, this property presents an outstanding opportunity to grow NOI and build long-term equity. Historic character, multiple revenue streams, and upside potential in one of Kansas City's most recognizable boulevard locations! An excellent addition to any multifamily investment portfolio.

MLS® Number2648591

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1909

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral Gas

A/CElectric

Extras

Map

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