901 North 16 Street

Kansas City, KS 66102

$696,000
Price
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Beds
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Description

An incredible opportunity awaits you at Cathedral Neighborhood Apartments in Kansas City, Kansas. This remarkable property consists of 8 fully renovated units, presenting a lucrative investment potential that is hard to ignore. Impeccably renovated in 2018, each unit exudes modern elegance and offers a comfortable living experience. The renovations included the replacement of all windows in 2016, ensuring energy efficiency and a fresh, contemporary appeal. Extensive upgrades were also made to the...An incredible opportunity awaits you at Cathedral Neighborhood Apartments in Kansas City, Kansas. This remarkable property consists of 8 fully renovated units, presenting a lucrative investment potential that is hard to ignore. Impeccably renovated in 2018, each unit exudes modern elegance and offers a comfortable living experience. The renovations included the replacement of all windows in 2016, ensuring energy efficiency and a fresh, contemporary appeal. Extensive upgrades were also made to the electrical and plumbing systems, ensuring hassle-free maintenance for years to come. Moreover, a new roof was installed, and laundry facilities were added in the basement to cater to the residents' needs. The strategic location of Cathedral Neighborhood Apartments provides numerous advantages. Students and young couples will find it particularly appealing, as it is within walking distance of the prestigious Cathedral of St. Peter the Apostle and Donnelly College. The vibrant downtown area offers a wealth of amenities, including trendy restaurants, entertainment venues, and unique shops. Additionally, the neighborhood's rich cultural heritage is showcased through local art galleries and historical landmarks, further adding to its charm. As an investor, you can tap into the strong demand and the robust rental market in this thriving area. Cathedral Neighborhood Apartments stands out as one of the most sought-after residential complexes, attracting tenants who appreciate the high-quality renovations and convenient location. By acquiring this entire complex, you can secure a steady stream of rental income and capitalize on the burgeoning real estate market in Kansas City
  1. Listed by Dalton Brewer • Compass Realty Group • 816-377-1514

Property Details for 901 North 16 Street

Zoning
KR2

Location

Listing Courtesy of Compass Realty Group
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LISTING UPDATED: 01/24/2024 01:57 PM

Property Details for 901 North 16 Street

StatusActive
MLS #2461701
Days on Market179
Taxes$5,780 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1940
CountyWyandotte County

Location

Listing Courtesy of Compass Realty Group
Add your commute

Building Information for 901 North 16 Street

Building/Complex901 N 16 StFloor-Stories2Residences8Pet Policy-Year Built1940Building Size-

Payment Calculator

$4,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,798

Property Taxes

$482

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 901 North 16 Street

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Wyandotte
  • Directions: I-70 to S. 18th St. Go to Armstrong Avenue and turn Right. Go to N. 16th Street and turn left. Property is immediately on your right.
  • Latitude: 39.114819
  • Longitude: -94.646842
  • MLS Area Major: 403 - N=Wash Blvd;S=Ks Rvr;E=Ks Rvr;W=18th St
  • Postal Code: 66102
  • State Or Province: KS
  • Subdivision Name: Other
Taxes and HOA Information
  • HOA Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $5,780.00
  • Parcel Number: 091524
  • Tax Annual Amount: $5,780.00
School Information
  • High School District: Kansas City Ks
Parking
  • Garage: No
  • Parking Features: Off Street, On Street
Property
Lot Information
  • Lot Size Area: 6,970.00
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6,970.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Board/Batten
  • Documents Available: Financial Details
  • Documents Count: 0
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: WEST LAWN B1-7, S9, T11, R25, ACRES 0.160000, B4 L26 & L27 or as shown on Title Commitment
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 11
  • Year Built: 1940
Utilities
  • Sewer: City/Public
  • Utilities: Ind Heat And Air
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Roof: Composition
Interior Features
  • Appliances: Stainless Steel Appliance(s)
  • Basement YN: Yes
  • Bathrooms Total Integer: 0
  • Unit Type Type: 1 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Electric
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $.00
  • Maintenance Provided YN: 0
  • Operating Expense: $.00
  • Operating Expense Includes: Utilities, Maintenance, Real Estate Tax
Unit 1
  • Unit Type Unit Rent Includes: Lawn Maintenance,Parking
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 8
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Secured Title
  • Existing Lease Terms: Month To Month,One Year Lease,Other

Property History for 901 North 16 Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 901 North 16 Street

Taxable ValueLand$2,896Additions$36,768Total$39,664
Tax Record2023$6,426 ($535 / month)
Home Facts
Total Finished SqFt4,960 SqFtAbove Grade Finished SqFt4,960 SqFtStories2Lot Size6,752 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountyWYANDOTTEAPN091524

Schools near 901 North 16 Street

This home is within Kansas City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Douglass Elementary School
PublicK to 5

Central Middle School
Public6 to 8

Wyandotte High School
Public9 to 12

Gateway to College
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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Similar Sold Homes

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901 North 16 Street is a multi-family home for sale in Kansas City, KS 66102. This property was listed for sale on November 1, 2023 by Compass Realty Group, it's currently listed at $696,000. It has been on the market for a total of 179 days and was last sold on July 9, 2021. This listing's school district is Kansas City School District. Nearby schools include Douglass Elementary School, Central Middle School and Wyandotte High School. 901 North 16 Street is a 0-bed, 0-bath, multi-family home built in 1940.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Realty Group

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.