Wabash Ave, Kansas City, MO

  • Price: $159,000
  • Rent: $1,250
  • Cap Rate: n/a
  • Monthly NOI: $942
  • Monthly Expenses: $308
  • Type: Single Family Home
  • Year: 1919
  • Bedrooms: 3
  • Bathrooms: 1
  • Floor area: 1145

Appreciation can be a bit hard to find in turnkey markets, but this property is in the Blue Hills neighborhood of Kansas City, which has been a neighborhood that has been consistently outpacing a lot of other nearby neighborhoods. This property is located close just south of midtown near The Plaza, UMKC, Rockhurst, and other desirable locations.

In addition to the awesome location, this property’s rehab includes: refinished hardwood and new flooring throughout, fireplace, updated electric, pex supply and PVC drain plumbing, a newer HVAC unit, new roof, double pane windows, and the property has a full unfinished basement (which could be finished for value-add later on if you wanted!)

Check out this video tour of the property that Ali filmed when she saw the property in person!

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