511 Troost Avenue

Kansas City, MO 64106

$650,000
Price
Beds
3,712 Sq. Ft.
$175 / Sq. Ft.
3,712
Sq. Ft.
$175
per Sq. Ft.

Description

Explore this promising investment opportunity located in the vibrant heart of Kansas City, Missouri. This multi-family residence presents a unique prospect for both homebuyers looking to reside in one of the units and investors aiming for rental income. The property features a spacious owner-occupied two-bedroom unit on the main level, providing ample room and comfort for personal living. Additionally, there are two nicely proportioned one-bedroom units above, each offering potential for rental income...Explore this promising investment opportunity located in the vibrant heart of Kansas City, Missouri. This multi-family residence presents a unique prospect for both homebuyers looking to reside in one of the units and investors aiming for rental income. The property features a spacious owner-occupied two-bedroom unit on the main level, providing ample room and comfort for personal living. Additionally, there are two nicely proportioned one-bedroom units above, each offering potential for rental income which could subsidize mortgage payments or generate cash flow. This residence is set in a prime location. Residents can enjoy the convenience of off-street parking – a valuable asset in any urban setting. The neighborhood balance of residential calm and city vibrance is perfect for those who appreciate close proximity to lifestyle amenities without compromising on a peaceful living environmentKansas City, zip code 64106, is not only rich in culture and entertainment but also boasts easy access to diverse dining, shopping, and recreational spots. The area is known for its community engagement and provides a welcoming atmosphere for all residentsWhether you're looking to renovate to add personal touches or capitalize on the existing layout, this property offers plenty of potential to enhance and increase its value over time. Don’t miss out on the chance to own a piece of Kansas City’s growth and transformation. Ideal for those looking for a home that doubles as an investment, this multi-family property is a rare find in a sought-after locale. Schedule your viewing today and envision the possibilities that await at this unique address.
  1. Listed by John Simone • ReeceNichols-KCN • 816-728-7507

Property Details for 511 Troost Avenue

Zoning
MULTI
LISTING UPDATED: 10/23/2024 04:02 AM

Property Details for 511 Troost Avenue

StatusActive
MLS #2491660
Days on Market169
Taxes$5,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1930
Lot Size0.16 AC / 6,835 SF
CountyJackson County

Building Information for 511 Troost Avenue

Stories2Residences3Year Built1930Building Size-Lot Size0.16 AC / 6,835 SF

Property Information for 511 Troost Avenue

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: INDEPENDENCE AVE TO TROOST
  • Latitude: 39.11047
  • Longitude: -94.569539
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Zip Code: 64106
  • State Or Province: MO
  • Subdivision: Guinotte Bluff Add
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $5,600.00
  • Parcel Number: 12-730-14-12-00-0-00-000
  • Tax Annual Amount: $5,600.00
School Information
  • High School District: Kansas City Mo
Parking
  • Garage: No
  • Parking Features: On Street
Property
Lot Information
  • Building Area Total: 3712.0
  • Lot Size Area: 6,835.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 6,835.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick Trim, Stucco
  • Documents Available: None Available
  • Documents Count: 0
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: GUINOTTE BLUFF ADD S 45 FT OF LOT 18 BLK 3
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 36
  • Year Built: 1930
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Laundry Features: Inside
  • Patio And Porch Features: Deck
  • Possession: Negotiable
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Disposal, Refrigerator, Free-Standing Electric Oven
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Electric
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $22,200.00
  • Maintenance Provided YN: No
  • Operating Expense: $.00
  • Operating Expense Includes: Water/Sewer
Unit 1
  • Unit Type: Unit Equipment: Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Water
  • Unit Type: Unit Rooms: 4
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
Unit 2
  • Unit Type: Unit Equipment: Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Water
  • Unit Type: Unit Rooms: 3
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
Unit 3
  • Unit Type: Unit Equipment: Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Water
  • Unit Type: Unit Rooms: 3
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: CONTINENTAL TITLE
  • Existing Lease Terms: One Year Lease

Property History for 511 Troost Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Troost Avenue

Taxable ValueLand$27,155Additions$44,475Total$71,630
Tax Record2024$5,600 ($467 / month)
Home Facts
Baths4Total Finished SqFt3,952 SqFtAbove Grade Finished SqFt3,952 SqFtStories2Lot Size6,970 SqFtStyleTriplexYear Built1930CountyJACKSONAPN12-730-14-12

Schools near 511 Troost Avenue

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Primitivo Garcia Elementary School
PublicPK to 6

Northeast Middle School
Public7 to 8

Northeast High School
Public9 to 12

Manual Career & Tech. Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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511 Troost Avenue is a multi-family home for sale in Kansas City, MO 64106. This property was listed for sale on June 1, 2024 by ReeceNichols-KCN, it's currently listed at $650,000. This listing's school district is Kansas City 33 School District. Nearby schools include Primitivo Garcia Elementary School, Northeast Middle School and Northeast High School. 511 Troost Avenue is a 0-bed, 0-bath, 3,712 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReeceNichols-KCN

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.