2729 Campbell StKansas City, MO 64109

This exceptional 16-unit apartment building, located at 2729 Campbell St, Kansas City, MO 64109, presents a compelling investment opportunity. Built in 1925 and extensively renovated in 2024, this two-story brick building boasts 9,048 square feet and sits on a R2.5 zoned lot. The property comprises eight one-bedroom and eight studio units, with half featuring recently completed renovations including quartz countertops, modern color palettes, new appliances, and refinished hardwood or new LVP flooring. Common coin-operated laundry facilities are located in the basement, offering potential for future upgrades to in-unit laundry. The building benefits from on-site parking and a new roof. Situated in the desirable Longfellow neighborhood, also known as "Hospital Hill," this location enjoys high tenant demand due to its proximity to Truman Medical Center Hospital, UMKC medical schools, Children's Mercy Hospital, and public transportation. The surrounding area is experiencing significant growth, with new single-family homes selling for over $600,000. While the unit sizes are smaller, this is offset by the central location and high demand from medical students and professionals. The property's strong location and recent renovations provide a solid foundation for immediate income generation, with further value-add potential through the renovation of remaining units and the addition of in-unit laundry. The asking price is $1,540,000.