3035 Harrison ST Active Save Request In-Person Tour Request Virtual Tour
Kansas City,MO 64109
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2534819
Year Built 1926
Annual Tax Amount $39,988
Lot Size 0.586 Acres
Acres 0.5860422
Property Sub-Type Apartment
Source hmls
Property Description
The Harrison Haus Apartments are a stately, 43-unit complex anchored just south of Hospital Hill and east of the Crown Center District. Built in 1926, Harrison Haus stands 2-stories with an all-brick exterior and provides 30 off-street parking spaces. The asset's loan is eligible for assumption with an interest rate of 3.22% and maturity in 2031. Of the 43 units in the building, 24 are studio units and 19 are one-bedroom units with five total floorplans. The studio units have an average unit size of 444 square-feet (+/-) and the one-bedrooms units have an average size of 576 square-feet (+/-). The building is all-electric with a virtual doorman service upon entry and provides a laundry care center for tenants in the basement (multiple coin-operated machines – Jetz Lease). All units at the complex feature keycode entry and the common area always have been updated. All units at the complex have been lightly upgraded to varying degrees and consist of LVT flooring, central air, individual hot water heaters, Google Fiber, fully equipped kitchens, double-pane windows, blinds and functional floorplans. Select units have in unit laundry (3 units) and stainless-steel appliances or have been renovated to a higher level (3 units). Ownership/management have implemented monthly RUBS/water fees to all units ranging from $60-$70. The property is stabilized at 100% occupancy after transitioning management teams/structures. The building has updated electrical service (100-amp with updated meter/panel boxes) and a TPO roof. The property boasts an excellent location near the shops at Crown Center, Martini Corner and the new KC Streetcar Extension Line (multiple stops within close proximity to subject). The asset presents an appeal to both the stabilized and value-add investor.
Location
State MO
County Jackson
Zoning R-0.5
Interior
Heating Electric
Cooling Electric
Fireplace N
Laundry Central Laundry,In Basement
Exterior
Parking Features false
Utilities Available Cent Water Heater,Ind Heat And Air,Ind Water Heaters,Separate Meters
Roof Type Synthetic
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange