Explore a stable investment opportunity with Carolina Apartments, a 12-unit property featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, the building offers newer windows, electrical service, plumbing, and a 4-year-old TPO roof. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash. Information deemed reliable but not guaranteed. No seller finance, please do not ask.
Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.
Active
$1,115,000
123-125 N Lawn Ave, Kansas City, MO 64123
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Est.:
Apartment
Built in 1910
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$-- Zestimate®
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$-- HOA
What's special
Central heat and airNewer windowsGas water heater
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