Cates Auction & Realty Co. Inc. - Kansas City, MO 64116

$77,879 Annually! | 14% Cap Rate | 3-Story Midtown Duplex Auction

Real Estate

Location: Online, Kansas City, MO

1 p.m. Thursday, January 25th, 2024
$77,879 Annually! | 14% Cap Rate | 3-Story Midtown Duplex
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3126 Charlotte St, Kansas City, MO 64109



Hyde Park Duplex: Your Next Prime Investment!

Discover the perfect investment in Hyde Park – a remarkable 3-story duplex offering a blend of style, comfort, and profitability. This well-maintained property features a total of 10 bedrooms across two units, each showcasing a unique living experience and an established income stream.


Financial Highlights:

Annual Gross Income: $77,879

Rental Strategy: Each bedroom is currently rented separately with a 30-day minimum lease, maximizing income potential.


Unit Descriptions:

Main Level Unit: Boasts 4 spacious bedrooms, 2 full baths, a cozy living room, and a fully equipped eat-in kitchen. The charm of beautiful hardwood floors runs throughout, creating a warm and inviting atmosphere.

Second Floor Unit: This unit includes 5 bedrooms, 2 full baths, a comfortable eat-in kitchen, and a delightful covered porch. Hardwood flooring enhances the beauty and ease of maintenance.

Third Floor Suite: A private and exclusive area featuring 1 bedroom, 1 full bath, a living room, a kitchen, and a unique private entrance. The highlight is the third-floor private deck offering serene outdoor space. *Note the third floor is part of the second unit in regards to all of the utilities.


Recent Upgrades:

2020 saw significant enhancements including the addition of 2 separate bedrooms, each with an ensuite full bath and a separate entrance, at the back of the building.

A new attached 3-story staircase and a private deck for the third-floor suite elevate the property's appeal and functionality.


Why This Property?

Location: Situated in the desirable Hyde Park area, known for its vibrant community and accessibility.

Income Potential: With a strong rental history and high demand, this property is a lucrative investment.

Versatility: Offers various renting strategies, from short-term to long-term leases.

Don't Miss Out: This cash-flowing property is an opportunity that won't last long. Secure your future with this promising investment. Be part of the auction before it's too late!


Cambridge Cates, Listing Agent
Cates Auction & Realty Co., Inc.


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Cates Auction & Realty Co. Inc.

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