$359,000
$359,000
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225 N 7th ST Kansas City, KS 66101
6,534 Sqft Lot
Key Details
Sold Price $359,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2604960
Sold Date 05/22/26
Year Built 1930
Annual Tax Amount $4,253
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Other
Source hmls
Property Description
LIVE WORK OPPORTUNITY !! 3 unit, leased & occupied - do NOT DISTURB. Residential unit vacating 05.2026, updated commercial unit on month to month lease!
Fully occupied, mixed-use commercial property, (1) residential and (2) commercial - beautiful historic stone, downtown row store, in a prime KCK location! Corner building on high-traffic 7th St, just blocks from Central Ave, downtown KCK shopping, restaurants, & highway access to KCMO!
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3 income-producing Units: updated 2BR/1BA apartment upstairs ($1,000/mo), one updated commercial unit ($1,000/mo), and one long-term commercial tenant ($1,050/mo). Basement was previously finished and rented, used as owner storage. Gross scheduled income $36,600 annually with expenses under $9K, offering a 7% cap rate at list price.
--- Recent updates include NEW roof, furnaces, water heater, electric, and repaved parking in the past year, plus interior renovations in 2 of 3 units & NEW MAIN SEWER LINE 01.2026! Full basement with interior and exterior access provides additional upside—previously finished office space, currently used by owner as storage - could easily be finished for extra income!
- Strong tenant stability, renewed leases, and value-add potential make this a great entry-level or portfolio investment.
Location
State KS
County Wyandotte
Zoning C-3
Interior
Interior Features Storage, In-Law Floorplan
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, Other, Private Financing Available
Listing Terms Cash, Conventional, 1031 Exchange, Other, Private Financing Available
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