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3 Mcgrew Grove, Kansas City, KS 66101
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$349,000
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Home Details for 3 Mcgrew Grove
Price
$349,000
Type
Multi Family
Year Build
1930
Lot Size
0.27
County
Wyandotte
Tax
$2,550
MLS®️ Listing#
2563333
On exitrealty.com
161 days
Property Description
Turnkey 5-Unit Investment Property – Zoned Small Apartment | Kansas City, KS |
Fully occupied and generating $5,730/month in gross rent, this stabilized small apartment is ready for a new investor to step in and cash flow from day one.
The current owner has brought all five units to market rent or better — turning over the property with improved tenant profiles and refreshed interiors. The layout includes one 2-bedroom unit and four 1-bedroom, 1-bath units, each with original hardwood floors, charming trim, and cosmetic updates made within the past 5–10 years. All units are functional, clean, and tenant-occupied.
The basement offers value-add potential with a partially finished sixth unit featuring a half bath already in place, shower plumbing stubbed, original fireplace, walk-up entrance, shared laundry access, and an attached garage. Once completed, this space could add 600+ square feet of rentable area.
Owner currently pays all utilities. Current rents include off-street parking and shared laundry access — there is also a garage and storage shed being used by owner, none of which are currently monetized, presenting future income opportunities!
Located on quiet, historic McGrew Grove just minutes from downtown KCK and major highways, this property sits in a convenient corridor with strong rental demand.
Showings available by appointment only with proof of funds.
Lease details and financials to be provided during due diligence after accepted offer.
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- Parking
- Garage
- Off Street
- Paved
- Cooling Information
- Electric
- Heating Information
- Natural Gas
- Water Features
- Public
Listing Courtesy: 1st Class Real Estate KC - 913-712-6811
Based on information submitted to the MLS GRID as of 2025-07-16 14:23:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-07-16 14:23:11
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EXIT REALTY PROFESSIONALS
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$349,000
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EXIT REALTY PROFESSIONALS
9582 N. McGee Street, Kansas City, MO 64155