Great flip opportunity. House has good bones. Has already been cleaned out, stripped to the studs, interior doors and extra framing added, some electrical completed. Ready for rehab investor to jump in and finish. Seller purchased from Land Bank, which requires that new owner assume obligation to rehab the property.
Note: Seller has house under contract and does not currently own property. Seller will convey property by either double close or assignment of purchase contract.
SUBJECT
4234 Prospect Ave, Kansas City, MO 64130
2.5-Story, 3/2, 1766 sf, built 1911, Lot 4356 sf
Price: 25k, Rehab:65k, ARV: 165k, Rents:1200-1400/month
COMPS
4010 Montgall Ave Kansas City, MO 64130
2.5-Story, 4/2.5, 1724 sf, built 1910, Lot 4502 sf, no garage, no AC
Sold for 170k on 7/29/21
Nice remodel.
4027 Prospect Ave Kansas City, MO 64130
2.5-Story, 4/2, 1927 sf, built 1910, Lot 4356 sf, no garage, no AC
Sold for 175k on 5/5/21
Nice remodel.
4115 Chestnut Ave Kansas City, MO 64130
2-Story, 3/2.5, 1470 sf, built 1913, Lot 4356 sf, no garage, has AC
Sold for 159k on 1/12/21
Nice remodel.