Hard to find Parkville triplex that is fully occupied. All units are 1/1s bringing in $2080/mo with opportunity to remodel for higher rents. PM walkthrough photo reports available for interior viewings. Photos in listing are from unit B. Showings can be scheduled following an executed contract. Property has been professionally managed and tenants pay all utilities.
Welcome to Parkville’s Walnut Ridge Apartments, a mid-century gem located in the highly-rated Park Hill School District. Parkville, Missouri has both its own thriving economy and downtown in addition to being a bedroom community to Kansas City. Parkville is home to Park University, a private college founded in 1875 with ~7,000 students. The Walnut Ridge Apartment’s location has broad appeal, being walkable to charming downtown Parkville and Park University with easy freeway access to I-29, the commute to anywhere in the Kansas City metro is a breeze. The Walnut Ridge Apartments are located in a private park-like setting surrounded by mature trees. The apartments are comprised of nine well-maintained brick buildings, originally built in 1965. The 42 units are 33 two-bedroom units and nine spacious one bedroom units. There is ample on-site parking with fresh paving and a dedicated laundry room on site. All the buildings have new windows and brick exteriors are in impeccable shape. The grounds could easily support future tenants amenities – dog run, gazebo, and BBQ areas. Residents enjoy central heat and air, on site laundry, and on-site storage. The easy commute to anywhere in the metro is a major benefit. There are several Park University students who currently live at the property but efforts to attract students could be greatly expanded. Upside on rents are very possible with cosmetic renovations, market rental rates presented are just for current unit finishes. There is always a premium rent from stone counters and in-unit laundry, well beyond the average rents currently being achieved. Do not miss the opportunity to acquire this asset with assumable debt in an incredible location!
nice full duplex building-one side occupied the other vacant for showing-Occupied unit available to view & inspect only after an agreed upon contract. Occupied side has fireplace + finished basement + extra 3/4 bath that vacant side does not have. Sewer usage fee is based on water usage and is billed to property owner who then collects from tenants. Do not bother tenants in occupied side. Tenant in occupied unit has been there since 2/2019 at $1150/mo currently. Lawn repair on 5521 from sewer line repair in progress. No City Tax!! Property has been off mkt for several month's due to sewer repair.
The median home value in Kansas City, MO is $150,300. This is lower than the county median home value of $242,700. The national median home value is $219,700. The average price of homes sold in Kansas City, MO is $150,300. Approximately 46.78% of Kansas City homes are owned, compared to 39.9% rented, while 13.32% are vacant. Kansas City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kansas City real estate agent to arrange a tour today!
Kansas City, Missouri 64152 has a population of 476,974. Kansas City 64152 is less family-centric than the surrounding county with 27.58% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Kansas City, Missouri 64152 is $50,136. The median household income for the surrounding county is $74,199 compared to the national median of $57,652. The median age of people living in Kansas City 64152 is 35.2 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 41.5 inches per year, with 14.5 inches of snow per year.