Fantastic Kansas City, KS Flip
This fantastic Kansas City, KS flip is a solid 3 Bedroom Rehab located in Kansas City, Kansas and near the Parkwood Park area. It feels large at 1347 square feet of space with hardwood floors and lots of detailed woodwork inside, but it has a great, efficient layout. The foundation is solid, however the house will need to be rehabbed to become a great family home once again. The kitchen and bath will need to be gutted. The upstairs bathroom sink leaked, so the dining room ceiling will need repairs. The HVAC and hot water tank will need to be replaced. The gas lines will need to be inspected and at least some of the line will need to be replaced to meet code. The electrical panel and connection to the house will need to be updated.
The exterior of the house will need some work as well. Don’t let peeling paint on the outside fool you, the underlying siding is in great condition. The property has vinyl windows installed, some of them will need repairs. The soffits and trim will need paint. The back deck will need to be rebuilt. The property has a storage shed in the back yard. There are two adjacent lots to the East of this property. One is owned by the Wyandotte County Land Bank. The other is slated for the next tax sale and will most likely be owned by the Land Bank. This could allow the eventual owner of this property to add a little over 1/2 acre to the existing land.
These properties don’t come along very often in this area and they have been selling quickly once rehabbed. The most recent after repair values for this property are $100-$105K, however similar properties are listed for $130K and one of those properties is now pending at a contract price over $120,000.