5706 Wabash Avenue, Kansas City, MO 64130
- $49,000
- 3
- BD
- 1
- BA
- 660
- SqFt
- List Price
- $49,000
- MLS#
- 2642056
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 660
- Lot Size
- 4,797
- Acres
- 0.11
- Subdivision
- South Paseo Place
Property Description
Perfect opportunity to save rehab investment material delivery costs, fuel cost savings, and labor travel savings since both 5706 (3 BD) & 5710 (2 BD) can be combined for a concession. Quick access to Hwy 71 allows major hwy access by being only 2 blocks from 71 Hwy. and centrally located to all KC metro locations, including sports venues & world-class entertainment districts. Foundations & Basements are traditional stone/rock basement typical of the 1923 build period. Configured for natural gas heating, standard electric cooling, and tied into Kansas City public municipal water/sewer grids. 5706 Wabash needs a new HVAC system along with updated wiring. 5710 has HVAC and will require rewiring at the both interior basement electrical panels. The coveted private & secure OFF-STREET parking includes a built-in 1-car garage space for both properties, which adds a distinct premium compared to neighborhood comps that only feature street parking. Local neighborhood statistics indicate a trend in close proximity block rehab endeavors. Bring ALL offers and ask about a concession for combining both bank-owned properties next to each other - 5706 & 5710 Wabash Ave. The bank is motivated to accept individual property offers OR preferably a quicker close option for the property combo with a combo concession and we have appraisals done in 2024 for both showing excellent equity position & ROI could easily be double digit.
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Additional Information
- Year Built
- 1923
- School District
- Kansas City Mo
- Garage
- Yes
- Garage Spaces
- 1
- Basement
- Yes
- Basement Description
- Full, Garage Entrance, Stone/Rock
- Exterior Features
- Fixer Up
- Roof
- Composition
- Central Air
- Electric, None, Other
- Sewer
- Public Sewer
- Architecture
- Traditional
- Construction
- Frame
- Water
- Public
- Cooling
- Electric, None, Other
- Heating
- Natural Gas
- Taxes
- $358
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Listing courtesy of Mike Dryer of ReeceNichols Shewmaker.
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