Active

3433 Central Street

Kansas City MO, 64111

$1,750,000


Active

Condos

Built in 1911

One of areas original colonnade-style buildings residing in the Old Hyde Park Historic District. Built in 1911, the building is comprised of 17 units, standing 3-stories and provides 3 off-street parking spaces at the rear (ample street parking). Armour View offers a variety of floorplans including studios, 1-bedroom and 2-bedroom units, ensuring a broad appeal to tenants with diverse needs and preferences. The studio units have an approximate unit size of 385 square-feet (+/-), one-bedrooms units have an average size of 515 square-feet (+/-) and the two-bedroom unit has an approximate size of 771 square-feet (+/-). The building is all-electric with a virtual doorman service upon entry and provides a laundry care center to tenants in the basement (multiple coin-operated machines - Jetz Lease). Water/Hot Water is common with multiple machines working in sequence (landlord responsibility) and the building is separately metered for electric (tenant's responsibility).
All units at the complex feature hardwood floors and laminate/tile (kitchen/baths), PTAC units for heating/cooling (15 units), Google Fiber, fully equipped kitchens, single-pane windows and functional floorplans. Select units have balconies (6 units) and central air (2 units). Ownership/management have implemented monthly RUBS/water fees to all units ranging from $60-$70. The property boasts an excellent location near the shops in Broadway-Gillham, Martini Corner and the new KC Streetcar Extension Line. The asset presents an appeal to both the stabilized and value-add investor. Buyer could continue to manage property as-is with small incremental improvements to present a uniform product across all units or look to carry out a more significant rehab to all units with modern/higher-end finishes including addition of in unit laundry and updated kitchens and baths. The value-add project allows a new owner maximum flexibility to bring their vision to a great building in a superb location.

2534436

MLS ID

March 7, 2025

Listed

March 8, 2025

Updated

Interior Features

Total Stories

3


Laundry Description

In Basement


Fireplace

No


Cooling

No


Cooling Description

Electric, Window Unit(s)


Heating

Yes


Heating Description

Other


Basement

Yes

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Other


Sewer

City/Public

School Information

School District

Kansas City Mo

Other Property Details

Area Name

202 - Kansas City Area (So. of River)


Garage

No


Parking

Off Street, On Street


Parking Total

3


View

No


County

Jackson


Water Source

Public


Utilities

Cent Water Heater, Ind Heat And Air, Separate Meters


Zoning

R-0.5

Courtesy of Compass Realty Group, Brice Bradshaw, Parker Beck
Listing Contact: 913-219-7074 

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Data last updated: 3/8/2025, 2:39 PM UTC 

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