For Sale

Listed by Mike Dryer from ReeceNichols Shewmaker

Source: Heartland Multiple Listing Service #HMS2642056

5706 Wabash Avenue, Kansas City, MO, 64130

$49,000

3
1
1
660 sq. ft.
4797 sq. ft.

SingleFam

What's around 5706 Wabash Avenue

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. 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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