400 N Belmont Avenue, Kansas City, MO 64123

$61,000
1
BD
1
BA
700
SqFt

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List Price
$61,000
Status
ACTIVE
MLS#
2636865
Acres
0.08
Living Area
700
Bedrooms
1
Bathrooms
1
Subdivision
Smith Brothers

Property Description

Back on the market because buyers financing fell through. This is a highly compelling real estate investment package that positions two adjacent properties for the price of one at the corner of Norledge and N. Belmont in Kansas City's historic Northeast neighborhood. Originally parceled together, the portfolio features 6112 Norledge—a two-car garage with a two-bedroom apartment situated above it—and 400 N. Belmont, a standalone one-bedroom home with structural potential to convert into a two-bedroom layout. Both properties are being sold strictly "as-is" in their present condition, and they come entirely full of contents that will stay with the sale, meaning buyers should budget upfront for clean-out costs. From a logistical standpoint, the location offers excellent transit links with immediate access to Interstate 435, Front Street, Chouteau Trafficway, Independence Avenue, and St. John Avenue. It is also close to local stores and sits just a short drive from major job and entertainment hubs in Downtown KC and the Power & Light District. With a combined total of three existing bedrooms across a single corner footprint, this package provides a unique density play that is perfectly suited for a multi-generational setup, a buy-and-hold rental portfolio, or a high-yield co-living configuration.

Additional Information

Taxes
$231
Cooling
None
Heating
None
School District
Kansas City Mo

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Calculator source: Real Geeks

Courtesy of Berkshire Hathaway HomeServices All-Pro 816-229-2900