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Single Family Residence
Year Built: 1923
2 Bed
1 bath
Light/Medium Rehab
Size: 1,144 sq ft
Lot Size: 6,997 sq ft
Exit Strategy- Definitely Value-Add Property to reach maximum potential here
$2,500 EMD
This property offers great upside potential! With a light to medium rehab, you can easily convert the current 2-bedroom, 1-bath layout into a 3-bedroom, 1-bath home. In this area, 3-bedroom homes are selling for $165K-$180K, making this an excellent value-add opportunity. Well-maintained as a rental for the past 10 years, it just needs some TLC to bring it to its full potential. Don’t miss out on this investment with strong comps nearby!
Comps:
6701 BelleFontaine Ave, Kansas City, MO 64132- 3 bed 1 bath, 1,000 sq ft- Sold $164,920 12/5/24
6654 Indiana Ave, Kansas City, MO 64132- 3 Bed 1 bath, 1,666 sq ft- Sold $160k
6828 Bales Ave, Kansas City, MO 64132- 2 bed 1 bath, 1,200 sq ft- Sold $180k 5/24
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OFF-MARKET INVENTORY
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Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs. 2,500K EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan.
The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.
REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.
WHOLESALERS:
If you’d like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.
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