AUCTION ALREADY COMPLETED!

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
For this auction's sale bill, catalog or poster, CLICK HERE


CLICK HERE to bid now online

Click on thumbnails to see larger photos and descriptions
Click here to see additional thumbnail photos at bottom of this page
Photo #1 Photo #2 Photo #3 Photo #4 Photo #5 Photo #6 Photo #7 Photo #8

3126 Charlotte St, Kansas City, MO 64109

OPEN HOUSE: SATURDAY'S, JANUARY 13 & 20, 11AM - 1PM

(CLICK HERE FOR A VIRTUAL TOUR)

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.
Sold@catesauction.com
816.929.8204

 

Please visit the auctioneers website for more photos and full Terms and Conditions. 

For more information, call:
816.929.8204

Also Visit: Auctioneer's Website
Questions about this auction? Phone 877-781-1134 or email our office at Sold@CatesAuction.com.

Website by GranDesign, LLC, P.O. Box 42, 402 E Evergreen, Cameron, MO 64429. If online display fails, call 660.663.2154. All Rights Reserved. ©2024
Cates Auction & Realty Co. Inc.

Sold@CatesAuction.com

Past Auctions
February 9 at Smithville, MO
Harborview 4 Bedroom, 3 Bath, Reverse 1.5 Story Home
January 31 at Gallatin, MO
Beautifully Scenic & Treed Lakefront Lot - Lake Viking
January 25 at Kansas City, MO
$77,879 Annually! | 14% Cap Rate | 3-Story Midtown Duplex
January 24 at Lee's Summit, MO
Immaculate Fine Jewelry & Household Estate