1009 Brooklyn AveKansas City, MO 64127

For Sale
$690,000

Four-unit apartment building, $690,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a four-unit apartment building situated on a sizable 0.76-acre lot in Kansas City, Missouri. The property, located at 1009-1011 Brooklyn Avenue, boasts a total of 5,000 square feet and is zoned R-15. The building comprises four units, each offering approximately 1,250 square feet of living space, featuring two bedrooms and two bathrooms. A four-car garage provides ample parking. Two of the four units are currently leased under the Section 8 Housing program, offering a stable income stream. The asking price is $690,000, translating to $150 per square foot. This property presents significant potential for future development, with two adjacent developable lots available on either side of the existing building. The strategic location in close proximity to the vibrant 18th & Vine district adds to its appeal. This is a rare opportunity to acquire a multifamily property with strong rental income and substantial upside potential in a desirable Kansas City neighborhood. The property is a two-story building, offering a solid foundation for a savvy investor seeking a proven income-generating asset with expansion possibilities. The 64127 zip code offers convenient access to local amenities and transportation.

Highlights

  • Four 1,250 sq ft, 2 bed/2 bath units.
  • Two adjacent developable lots.
  • Four-car garage.
  • Excellent location near the 18th & Vine district.
  • Two units currently leased under Section 8.

Property Details for 1009 Brooklyn Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
5,000 SF
Stories
2
Lot Size (sq. ft)
33,106 SF
Units
4

Location Insight

City
Kansas City
County
Jackson
State
Missouri
Latitude
39.101003368422
Longitude
-94.555922599944
1009 Brooklyn Ave, Kansas City, Missouri

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1009 Brooklyn Ave
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