Price Reduction
Listed By:
Compass Realty Group
Address
2057 N 5th Street, Kansas City, KS
Price
$ 439,000
Property Attributes
  • MLS#2491988
  • TypeMulti-Family
  • CountyWYANDOTTE
  • CityKansas City
  • Area401 - N=Mo Rvr - S=Wash Blvd - E=Mo Rvr - W=18th S
  • Zip66101
  • Style
  • Year Built1960
  • Taxes$ 3549
  • Price$ 439,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.15 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

2057 N. 5th Street is a 6-unit, low-rise walkup apartment complex located near Downtown Kansas City, Kansas. Built in 1960, the building is located in a residential area and is owner-operated. Downtown is home to the KCK Police Headquarters, City Hall, the County Courthouse, The Bob Dole Federal Courthouse, Memorial Hall and 7th Street Casino. Also located downtown is the Main Library, Hilton Garden Inn and The Strawberry Hill Museum. 2057 N. 5th Street has good commuter accessibility to highways/interstates and nearby shops/restaurants (Strawberry Hill & Downtown KCK). The property stands 1-stories with vinyl windows and a pitched composition shingle roof. The building is separately metered for gas, electric and has common water/hot water (tenants responsible for electric/gas). Off-street parking is provided at the front of building to tenants (2+ spaces). All tenants are on Section 8/Housing vouchers and all tenants are on current leases. The building is comprised of 4 one-bedroom/one-bathroom units (500sf +/-), 1 two-bedroom/one-bathroom unit (650sf +/-) and 1 three-bedroom/two-bathroom multi-level unit (1,000sf +/-) and basement laundry/storage (coin-operated machines). All units feature mini-split systems for cooling, hardwoods/vinyl/carpet (combination) and functional floorplans. The building has a history of high occupancy and underwent a moderate renovation in 2016 to present a more uniform product. Property is being sold as-is and is 100% occupied.

Price History
6/3/2024 Listed $480,000
6/14/2024 9% - $439,000

General Features

Sewer City/Public
Heating Forced Air
Cooling Other,Window Unit(s)
Utilities Cent Water Heater,Separate Meters
Roof Composition
Zoning R
Construction Materials Stucco & Frame
Year Built 1960
Property SubType Apartment
Assoc Fee Paid Per None
County Wyandotte
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Other
Garage Y/N No
Status Active
Directions From Minnesota,State Avenue,or Parallel Avenue,turn Left on 5th Street (North) to property. Building on 5th Street near corners of Quindaro and Stewart.
City Kansas City
High School District Kansas City Ks
NumberOfUnitsTotal 6
MLS Area 401 - N=Mo Rvr;S=Wash Blvd;E=Mo Rvr;W=18th St
Lot Size Units Square Feet
Lot Size Square Feet 6534
Listing Terms Cash,Conventional,1031 Exchange
Public Remarks 2057 N. 5th Street is a 6-unit,low-rise walkup apartment complex located near Downtown Kansas City,Kansas. Built in 1960,the building is located in a residential area and is owner-operated. Downtown
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 1
Basement (Y/N) Yes
Air Conditioning Y/N No
Unit Type 1 Bedroom,2 Bedroom,3 Bedroom

Exterior Features

Parking Features Off Site,On Street
Water Source Public
Total Parking 2
Lot Size Area 6534

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 66101

Price
AVG $330K
$440K
Taxes
AVG $3,117
$3,549
Visits
AVG 184
65
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960

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