3002 N 33rd Street, Kansas City, KS 66104

Property Description

Value-Add Single-Family — Renovation In Progress, Equity Already Being Built. The home is a 3-bed, 2-bath single-story home on an nice lot, it is currently mid-renovation — putting an investor in the ideal position to step in, finish strong, and capture the spread between as-is and after-repair value. Why the Timing Works in Your Favor- The heavy lifting is underway and the renovation work is already in motion, meaning the demo, planning, and early-stage labor that typically eat up an investor's first 60-90 days are already behind this property. You're buying time, not just square footage. With the project roughly halfway there, the finish list is well-defined rather than speculative. That means more predictable budgeting and a shorter runway to a rent-ready or sale-ready asset compared to a full gut rehab. Partially renovated properties routinely trade below stabilized comps, giving an investor room to acquire below future market value and capture the lift as finishes are completed. 1,152 sq ft efficient single-story layout — a 3/2 configuration remains one of the most in-demand layouts for both renters and owner-occupants in the KC metro, so the eventual product has a clear exit either way (hold or sell). The larger lot is above the typical urban parcel size, adding long-term flexibility (outdoor living space, storage/workshop, future addition) beyond the renovation itself. This is a "finish the job, capture the upside" play. Someone else absorbed the initial disruption and decision-making; you get to walk in, complete a defined scope, and move straight to stabilized value, all without eating the full timeline or uncertainty of a ground-up rehab.