3721 Wyoming St Kansas City, MO 64111

Property Details for 3721 Wyoming St

Year built

1935

Property size

11,696 SF

Property type

Commercial real estate

Description

This exceptional 21-unit apartment building in Kansas City, Missouri's vibrant Volker neighborhood presents a compelling investment opportunity. Priced at $2,350,000, this Class B property boasts two well-maintained brick buildings totaling 11,696 square feet, offering ample on-site parking. Built in 1935 and 1960, the buildings feature a mix of 10 recently renovated units and 11 units ready for value-add improvements. All 21 units are one-bedroom apartments, featuring updated plumbing and electrical systems, new windows, and coin-operated laundry facilities in each building. Ten units showcase luxury finishes, including modernized kitchens with stainless steel appliances and quartz countertops, complemented by original hardwood floors in the living areas. The property's strategic location, just four blocks from KU Medical Center and within walking distance of the 39th Street Corridor, ensures high occupancy rates and strong rental income potential. The proximity to the Country Club Plaza further enhances its desirability. This property offers a blend of classic charm and modern amenities, making it an ideal investment for those seeking a strong return in a prime Kansas City location. The remaining units present a significant value-add opportunity to increase rental income by completing renovations and potentially targeting furnished rentals to medical professionals. This is a rare chance to acquire a well-maintained, high-demand property in a thriving urban area. The property is located at 3721 Wyoming St, Kansas City, MO 64111.

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Longitude

-94.603667212232

Latitude

39.059858647563