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108 N Mersington Ave 6 Unit Apartment Building $688,928 CAD ($114,821 CAD/Unit) Kansas City, MO 64123
INVESTMENT HIGHLIGHTS
- Utilities are separately metered (except water) and common laundry facility in the basement adds ancillary income.
- Spacious floor plans (approx. 600-620 sf per unit) provide efficiency and ease of management.
- Additional upside: The vacant adjacent lot is currently used for tenant/off-street parking and offers development potential.
EXECUTIVE SUMMARY
“6-Unit Value-Add Multifamily in Historic Northeast KC”
Step into an income-producing asset with strong fundamentals: recent renovations, dedicated off-street parking, and an additional lot included that offers future development or expanded income potential. This property lies just minutes from downtown Kansas City and I-70, offering investors a rare blend of cash-flow, value-add upside and location momentum.
Don’t miss the opportunity to acquire a professionally updated property in a neighborhood trending up — ready for immediate ownership or hands-off management.
Step into an income-producing asset with strong fundamentals: recent renovations, dedicated off-street parking, and an additional lot included that offers future development or expanded income potential. This property lies just minutes from downtown Kansas City and I-70, offering investors a rare blend of cash-flow, value-add upside and location momentum.
Don’t miss the opportunity to acquire a professionally updated property in a neighborhood trending up — ready for immediate ownership or hands-off management.
PROPERTY FACTS
| Price | $688,928 CAD | Building Class | C |
| Price Per Unit | $114,821 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 4,644 SF |
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1917 |
| Price | $688,928 CAD |
| Price Per Unit | $114,821 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,644 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1917 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 600 |
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PROPERTY TAXES
| Parcel Number | 13-910-19-14-00-0-00-000 | Improvements Assessment | $51,493 CAD |
| Land Assessment | $6,138 CAD | Total Assessment | $57,631 CAD |
PROPERTY TAXES
Parcel Number
13-910-19-14-00-0-00-000
Land Assessment
$6,138 CAD
Improvements Assessment
$51,493 CAD
Total Assessment
$57,631 CAD
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Realty One Group Encompass
108 N Mersington Ave
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