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5401 E 27th Terrace

Kansas City MO 64128

8712 sq. ft.
Apartment
Currently for sale - view listing

Overview

Exceptional investment opportunity! This recently renovated all-brick 8-unit apartment building offers strong cash flow potential and long-term durability. The property consists of eight 1-bedroom, 1-bathroom units, each approximately 650 square feet, with updated interiors and well-maintained common areas. The building is currently operating as Section 8 housing, providing stable rental income and consistent tenant demand. In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio. Conveniently located with easy access to transportation. Don't miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units.

Features

8712 sq. ft. lot size
Apartment

Property history for 5401 E 27th Terrace

2018
Sold
Undisclosed
06 Aug 2018 by Jesse Rolla, of United Real Estate Kansas City
2018
Sold
Undisclosed
06 Aug 2018
2017
Sold
Undisclosed
10 Oct 2017 by Tina Shealy, of RE/MAX Premier Properties

Happy sellers in Kansas City

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Local market activity for apartments in Kansas City

In the last 12 months, 2 apartments similar to 5401 E 27th Terrace, have been sold.

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