3717 Baltimore is a stately 4 unit complex ideally located two blocks north of the shops and restaurants in the West 39th Street District of Kansas City, Missouri. Built in 1910, 3717 stands 3-stories with a partial brick and vinyl exterior, stone foundation and double pane windows. The property also features an updated front deck/patio, landscaping updates, and a stone path leading to a fenced-in backyard. Of the 4 units, 3 are one bedroom one bathroom units and 1 is a three bedroom two bathroom unit. The 3BR 2BA unit, located on the 1st floor, features an original fire place, washer/dryer, hardwood (living area) & carpet (bedrooms) flooring, dishwasher, updates to fixtures, walk-in closet, and a designer bathroom with a state-of-the-art shower system. The shower system possesses Bluetooth functions, sauna features and multiple shower heads. The 2nd floor features two 1BR 1BA units with an approximate unit size of 720 sq. ft. Both units feature (new) carpet and tile flooring, dishwashers, and central air (common electric). Tenants are responsible for gas. The 3rd floor features one, all-electric 1BR 1BA unit. This unit features a private porch, vaulted ceilings, newer cabinets, carpet and laminate flooring, dishwasher, and 2 mini-split systems for heating/cooling. Over the past 3 years, the property has experienced approximately $100,000 (+/-) of capital improvements consisting of updates to appliances, partial updates to electrical and plumbing, new tuckpointing, new interior and exterior paint, unit upgrades and landscaping improvements. The property is separately metered for gas and all units feature Google Fiber. The basement level of 3717 offers owner-owned laundry machines and room for additional storage. The basement is accessed from a private walkout door at the rear of the building. The property possesses 2 shared parking spaces and 2 rented spaces from a neighboring property. The rented parking spaces cost the current owner $160 a year. 3717 Baltimore’s 3BR 2BA unit is owner-occupied and currently does not produce any fixed rental income. However, the current owner has capitalized on achieving revenue for this unit via Airbnb. Over the past year, the 3BR 2BA unit has accrued over $15,000 in Airbnb revenue. 3717 Baltimore is FHA LOAN ELIGIBLE.
