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