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+19132265057
Platinum Realty, LLC
115 W 39th Street, Kansas City, MO 64111
- $1,000,000
- List Price
- $1,000,000
- Status
- ACTIVE
- MLS#
- 2647984
- Subtype
- Residential Income
- Year Built
- 1925
- Lot Size
- 15,265
- Acres
- 0.35
- Subdivision
- Other
Property Description
115 W. 39th Street is a 29-unit, three-story brick masonry building in Midtown Kansas City, the structural twin to the newly renovated 119 W. 39th Street next door. Currently in legacy condition and approximately 25% occupied as it's being prepared for redevelopment, 115 is positioned for a full renovation matching 119's completed scope, with a contractor bid already in hand. The property sits within a PIEA planning area, giving a buyer the opportunity to pursue a property tax abatement, and the renovation is also eligible for combined Missouri and federal Historic Tax Credits, both potentially reducing the net capital required to bring the building to the same stabilized standard as 119. This property can be purchased individually or packaged with the adjacent property.
Additional Information
- Taxes
- $5,017
- Zoning
- MF
- Heating
- Hot Water, Steam
- Air Conditioning
- Other, Window Unit(s)
- Exterior Construction
- Brick Veneer, Concrete
- Roof
- Other, Synthetic
- Parking Features
- On Street, Paved
- School District
- Kansas City Mo
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Listing courtesy of Aaron Clemons of Clemons Real Estate LLC.
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