5710 Wabash Avenue, Kansas City, MO 64130

$49,000
2
BD
1
BA
660
SqFt

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List Price
$49,000
MLS#
2642060
Status
ACTIVE
Type
Single Family Residential
Bedrooms
2
Bathrooms
1
Living Area
660
Lot Size
4,792
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.

Additional Information

Year Built
1923
School District
Kansas City Mo
Garage
Yes
Garage Spaces
1
Basement
Yes
Basement Description
Full, Stone/Rock
Exterior Features
Fixer Up
Roof
Composition
Central Air
Electric
Sewer
Public Sewer
Architecture
Traditional
Construction
Stone & Frame, Wood Siding
Water
Public
Cooling
Electric
Heating
Natural Gas
Taxes
$358

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Calculator source: Real Geeks

Listing courtesy of Mike Dryer of ReeceNichols Shewmaker.

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