USAMOKansas CityUnion Hill2733 Gillham Rd

Property entrance featuring brick siding | Image 1

$2,200,000

2733 Gillham Rd, Kansas City, MO

Name: 2733 Gillham Rd, For Sale in Kansas City - eXp Commercial Brokerage
Brand: Osborn Real Estate
SKU: 2557974
Price: 2200000 CAD

Condo

For Sale

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Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

Maintenance Fees

Taxes $5,628

Days Active 1

Approx. Age 1913

MLS® Number 2557974

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity – Loan Assumption at 3.68% | 75% LTV Fannie Mae Unlock immediate value with this rare 12-unit multifamily asset in the highly desirable Union Hill neighborhood—offered with an assumable loan at an attractive 3.68% interest rate and 75% LTV through Fannie Mae. This is a turnkey investment with stabilized cash flow, significant upside potential, and a premium financing structure in place. The property features a standout 4-bedroom, 3-bathroom penthouse—ideal for an owner-occupant or executive rental. All units were fully renovated in 2019, boasting modern kitchens, updated baths, refinished hardwood flooring, and stainless steel appliances. Major capital improvements have been completed, including a full roof replacement in 2017, HVAC systems updated between 2012–2025, and extensive tuckpointing—offering peace of mind for years to come. Investors will appreciate the property's strong location and tenant demand, positioned within walking distance to the KC Streetcar, Children’s Mercy, UMKC Medical School, University Health, Crown Center, and other key employment hubs. Additional highlights include 12 off-street parking spaces, one garage space, and an on-site office with a full bath—perfect for property management or conversion to additional income-producing space. Rents remain under market, with a clear path to increase \$100–\$200 per unit with no additional capital expenditure. This is a high-performing asset with both immediate yield and long-term growth potential—perfect for the seasoned investor looking to acquire in a core Kansas City submarket with leverage rarely available in today’s interest rate environment.Show Description

MLS® Number2557974

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelInside

Exposure

Exterior

GarageYes

Approx. Age1913

Stories3

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatNatural Gas

A/CElectric

Heating Fuel

Extras

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