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Meagan Wiggs

meaganwiggs17@gmail.com +1(417) 459-0126

Listed by Mike Dryer • ReeceNichols Shewmaker

$ 49,000

Est. payment -/mo

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5710 Wabash AVE Kansas City, MO 64130

2 Beds

1 Bath

660 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 660 sqft

Price per Sqft $74

Subdivision South Paseo Place

MLS Listing ID 2642060

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1923

Annual Tax Amount $358

Lot Size 4,792 Sqft

Acres 0.110009186

Property Sub-Type Single Family Residence

Source hmls

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.

Location

State MO

County Jackson

Rooms

Basement Full, Stone/Rock

Interior

Heating Natural Gas

Cooling Electric

Flooring Luxury Vinyl

Fireplace Y

Appliance Refrigerator, Electric Range

Laundry In Basement

Exterior

Exterior Feature Fixer Up

Parking Features true

Garage Spaces 1.0

Fence Metal

Roof Type Composition

Building

Entry Level Raised Ranch

Sewer Public Sewer

Water Public

Structure Type Stone & Frame,Wood Siding

Schools

School District Kansas City Mo

Others

Ownership Other

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition As Is, Bank Owned Property