2701-2707 Benton BLVD Pending

Kansas City,MO 64128

$ 750000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home, Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Santa Fe Place

MLS Listing ID 2524436

Year Built 1930

Annual Tax Amount $6,289

Lot Size 0.259 Acres

Acres 0.2592057

Property Sub-Type Apartment

Source hmls

Property Description

Introducing Benton Apartments in Kansas City, fully renovated side-by-side six-unit buildings (12 units total) just three miles from downtown. Six of these spacious two-bedroom, one-bathroom units were extensively renovated in 2024 with modern finishes, tile bathrooms, new cabinets, updated flooring, new appliances, and fully remodeled kitchens and bathrooms. The other 6 have long term tenants and were updated over the previous 5 years. Each unit also has been upgraded to include brand-new plumbing, electrical systems, and HVAC mechanicals.

*** financials do not fully reflect current rent roll. Building 1 was vacant thru the extensive renovation and has new leases signed. The first 2 tenants have moved in and the remaining 4 will be moving in over next 45 days. Building 2 is fully occupied with stable long term tenants. ***

The property is fully occupied and stabilized on a mostly voucher tenant base, offering immediate cash flow. Each unit has separately metered utilities (excluding water). Residents enjoy private, expansive front and back balconies for all units, as well as a dedicated parking lot conveniently located behind the buildings. In-unit washer dryer hookups are in each unit.

Located in an up-and-coming area, Benton Apartments presents an excellent opportunity to capitalize on both consistent cash flow and long-term appreciation. Third party party management is currently in place and happy to stay on managing. Seller prefers to sell this 12 unit property and 2454 Benton (12 units) MLS #2524441 together.

NO SELLER FINANCE - Please do not ask.

Location

State MO

County Jackson

Zoning COM

Interior

Heating Electric

Cooling Electric,Window Unit(s)

Fireplace N

Exterior

Parking Features false

Utilities Available Separate Meters

Roof Type Tar/Gravel

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick/Mortar,Concrete

Schools

School District Kansas City Mo

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Virtual Tour https://www.dropbox.com/scl/fo/4cao3957qniw25q9agbhx/AJ71IClG41QHN3mA5ZfGbhU?rlkey=k5drasg5csqs28kc6f1t8sveb&st=bg9gfvl8&dl=0

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