3943 Troost Avenue
Kansas City, MO 64110
- – beds
- – baths
- – sqft
- 3,983 sqft lot
- 1912 build
- – on site
Back on the market at no fault of seller, the buyer canceled before doing inspections! Opportunity abounds in this classic value add property along the up and coming Troost corridor. The Troost Apartments is a 8,124 sq ft mixed-use brick building features 4 commercial spaces below and 6 residential units above. The multifamily units feature 2-bedroom layouts with a mix of 1, 1.5, and 2 bathrooms all with laundry in unit. The 4 street level commercial units are comprised of two 1,500 Sq Ft corner units & two 500 Sq Ft interior units. Located in the heart of a fast revitalizing Kansas City neighborhood, this property showcases beautiful architectural details and historical charm while having undergone major upgrades to the property. The residential units all offer spacious layouts & balconies, with central heat and AC, in unit laundry and a front and rear entrance. All units will still need some updating and are currently 100% vacant, presenting significant cashflow and equity potential. Two of the commercial units are occupied and leased with tenants who plan on staying long term. Electrical & Gas are separately metered, while water is on a master meter. With coffee shops, hospitals, and restaurants nearby, this is ideal for investors looking to unlock the property's full potential!
Last checked:
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Last updated Nov 20, 2024
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MLS# 2509584 —
The Building
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Year Built:1912
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Age Description:101 Years/More
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Construction Materials:Brick, Concrete
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Roof:Tar/Gravel
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Basement:true
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Unit Type:2 Bedroom, Other Unit
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# of Units Total:6
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Stories Total:3
Location
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Directions:Head north on Walnut St toward Truman Rd, go 449 ft Turn right onto Truman Rd, go 423 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.1 mi Take the exit onto US-71 S, go 2.8 mi Take the exit toward 39th St, go 0.2 mi Merge onto Michigan Ave, go 404 ft Turn right onto E 39th St, go 0.5 mi Turn left onto Troost Ave, go 0.1 mi Turn left onto E 40th St Destination will be on the left , go 46 ft
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:30-130-08-13-00-0-00-000
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Lot Size SqFt:3983
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Lot Size Area:3983
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Lot Size Units:Square Feet
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Zoning:B3-2
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (913) 426-5576
- Office phone:
- (913) 426-5576
Taxes
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Tax Total Amount:8855
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Cooling:Gas
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Cooling:true
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Heating:Forced Air
Utilities
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Utilities:Separate Meters
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Sewer:City/Public
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Water Source:Public
Schools
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High School District:Kansas City Mo
The Community
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Subdivision Name:Troost Hills
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Association:false
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Association Fee Frequency:None
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Type Of Management:Off-Site Mgmt
Parking
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Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/3/24
Oct 3, 2024
|
Listed / Active | HMLS | $595,000 | |
|
9/22/24
Sep 22, 2024
|
Sold Subject To Contingencies | HMLS | $595,000 | |
|
9/13/24
Sep 13, 2024
|
Listed / Active | HMLS | $595,000 |
