$49,000

5706 Wabash Avenue, Kansas City, MO 64130

About This Property

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. 5710 Wabash needs a new HVAC system along with updated wiring. 5706 has HVAC and will require rewiring at 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. 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 be double digit.

Features & Details