3744 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Kansas City,MO 64111
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Hyde Park
MLS Listing ID 2525348
Year Built 1908
Annual Tax Amount $8,129
Lot Size 6,727 Sqft
Property Sub-Type Quadruplex
Property Description
Located in the Historic District of Old Hyde Park and steps away from the KC Streetcar stop scheduled to open later this year. Currently owned and occupied by the Sellers that take meticulous care of the property while providing a monthly rental option for primarily health care professionals for the nearby hospitals. The home was built in 1908 and still maintains the original charm and character with the beautiful original woodwork. It has a two car garage with a private driveway and a great outdoor space.
It is currently separated into four units that have 98% occupancy as monthly rentals. It has six bedrooms and four and a half bathrooms. A seventh bedroom is being used as a walk-in closet so this could be turned into seven individual rooms & four complete kitchens to rent if desired. Previous owner grossed over $75k with airBnB while owner-occupied. Currently the monthly rentals gross over $42k while owner-occupied and room to increase revenue. With the recent short-term rental requirements properties like these will survive and thrive due to the lack of remaining options for short term tenants.
The property is being offered mostly furnished and turnkey for nightly/monthly rentals.
House Hacking is ideal but not required to make this beautifully unique property a great investment opportunity.
Location
State MO
County Jackson
Zoning R-6
Interior
Heating Forced Air,Heat Pump
Cooling Electric,Heat Pump
Laundry In Basement,Inside
Exterior
Parking Features true
Fence Fenced
Utilities Available Other
Roof Type Composition
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Stone & Frame
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan