1009 Brooklyn Ave Kansas City, MO 64127

Property Details for 1009 Brooklyn Ave

Lot size

0.76 lot acres

Property size

5,000 SF

Property type

Commercial real estate

Description

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.