426 Wabash Avenue

Kansas City, MO 64124

$325,000
Price
6
Beds
3
Baths
2,979 Sq. Ft.
$109 / Sq. Ft.
2,979
Sq. Ft.
$109
per Sq. Ft.

Description

Welcome to an incredible investment opportunity in the highly sought-after Pendleton Heights neighborhood, just 5 minutes from downtown Kansas City. This unit is fully rented and offers over $2,600 per month rental income, all the tenants pay their own utilities. Also, each unit has their own Washer/Dryer, Refrig, R/O. This unit will surpass the coveted 1% rule based on income, This Tri-plex with an exceptional rental history is a dream come true for savvy investors and aspiring homeowner-investors...Welcome to an incredible investment opportunity in the highly sought-after Pendleton Heights neighborhood, just 5 minutes from downtown Kansas City. This unit is fully rented and offers over $2,600 per month rental income, all the tenants pay their own utilities. Also, each unit has their own Washer/Dryer, Refrig, R/O. This unit will surpass the coveted 1% rule based on income, This Tri-plex with an exceptional rental history is a dream come true for savvy investors and aspiring homeowner-investors alike. With the recent changes in multi-unit owner-occupied guidelines, now is the perfect time to seize this golden opportunity with a minimal 5% down payment. Whether you're an experienced real estate investor looking to expand your portfolio or a first-time homebuyer eager to embrace the benefits of owner-occupied multi-unit living, this Tri-plex is tailor-made to meet your investment goals. The excellent rental history of this property speaks for itself, making it a hassle-free addition to your real estate portfolio. Your investment will practically manage itself, thanks to the stable and reliable income generated by long-term, satisfied tenants. Whether you choose to maintain the current tenant arrangements or explore new possibilities, you're sure to find success in this property's proven track record
Don't miss out on this rare opportunity to own an owner-occupied multi-unit home with just a 5% down payment. Secure your financial future and become part of the thriving real estate landscape in Pendleton Heights. With its strong rental history, ideal location, and incredible potential, this Tri-plex is ready to turn your investment dreams into a reality. Act now, and start reaping the rewards of this outstanding real estate gem. Contact us today to schedule a viewing and take the first step towards securing your future with this Tri-plex in Pendleton Heights!
  1. Listed by Al Lenzini • RE/MAX Revolution • 816-898-6056

Property Details for 426 Wabash Avenue

Architectural Style
Traditional

Location

Listing Courtesy of RE/MAX Revolution
Add your commute
LISTING UPDATED: 04/28/2024 10:13 AM

Property Details for 426 Wabash Avenue

StatusActive
MLS #2463705
Days on Market165
Taxes$2,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential / Other
Year Built1890
Lot Size0.28 AC / 12,096 SF
CountyJackson County

Location

Listing Courtesy of RE/MAX Revolution
Add your commute

Building Information for 426 Wabash Avenue

Stories-Residences-Year Built1890Lot Size0.28 AC / 12,096 SF

Payment Calculator

$1,958 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 426 Wabash Avenue

Summary
Location and General Information
  • City: Kansas City
  • County Or Parish: Jackson
  • Directions: Exit I-70 to Admiral or Independence Ave, continue on independence Ave to Wabash, go north on Wabash Ave, house is on the left.
  • Latitude: 39.108459
  • Longitude: -94.552869
  • MLS Area Major: 202 - Kansas City Area (So. of River)
  • Postal Code: 64124
  • State Or Province: MO
  • Subdivision Name: Pendleton Heights
Taxes and HOA Information
  • HOA Fee: $.00
  • Association: No
  • Tax Abatement YN: 0
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,218.00
  • Parcel Number: 12-740-32-47-00-0-00-000
  • Tax Annual Amount: $2,218.00
School Information
  • High School: Northeast
  • High School District: Kansas City Mo
  • Elementary School: Garfield
Parking
  • Garage: No
  • Parking Features: Off Street
Owner
  • Owner Name: Sophie-Rose LLC
  • Owner Phone: Private
Property
Lot Information
  • Above Grade Fin SQFT: 2,979.00
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Agent
  • Living Area: 2,979.00
  • Lot Description: Level
  • Lot Size Area: 12,096.00
  • Lot Size Source: RPR
  • Lot Size Square Feet: 12,096.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Other
  • Documents Count: 4
  • Age Description: 101 Years/More
  • FEMA 100 Yr Flood Plain: Unknown
  • Legal Description: RNG-33 TWP-50 SEC-50 PT OF SE 1/4 DAF: BEG 338.47'W & 708.75' W of SE cor of SD 1/4 TH W 132.46' TH N 55' TH N 36 TH E 138.5' TH S 91' ALG W LI of Wabash Ave to POB
  • Manufactured YN: 0
  • Special Documents Required YN: 0
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 16
  • Property Attached: No
  • Year Built: 1890
Utilities
  • Sewer: City/Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Metal
  • Laundry Features: In Basement
  • Possession: Funding
  • Roof: Composition
Interior Features
  • Appliances: Dryer, Refrigerator, Gas Range, Washer
  • Basement Features: Concrete
  • Basement YN: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Cooling: Window Unit(s)
  • Central Air YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Vinyl, Wood
  • Heating: Forced Air
  • Dining Area Features: Eat-In Kitchen
  • Floors: 2 Stories
  • Telecommunications: Cable - Available
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Room Information
Room
  • Room Features: Formal Living Room
Room 1
  • Room Features: Hardwood
  • Levels: Main
  • Room Type: Bedroom 1
Room 2
  • Room Features: Hardwood
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Features: Hardwood
  • Room Level: Second
  • Room Type: Bedroom 3
Room 4
  • Room Features: Hardwood
  • Room Level: Second
  • Room Type: Bedroom 4
Room 5
  • Room Features: Hardwood
  • Room Level: First
  • Room Type: Bedroom 5
Room 6
  • Room Features: Hardwood
  • Room Level: First
  • Room Type: Bedroom 1
Multi Family
Income & Expenses
  • Maintenance Provided YN: 0
Rental
Rent Information
  • Deposit: Stewart Title

Property History for 426 Wabash Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 426 Wabash Avenue

Taxable ValueLand$4,693Additions$23,807Total$28,500
Home Facts
Baths2Total Finished SqFt3,198 SqFtAbove Grade Finished SqFt3,198 SqFtStories2Lot Size6,098 SqFtStyleTriplexYear Built1890CountyJACKSONAPN12-740-32-47-01

Schools near 426 Wabash Avenue

This home is within Kansas City 33 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Garfield Elementary School
PublicPK to 6

Northeast Middle School
Public7 to 8

Northeast High School
Public9 to 12

Manual Career & Tech. Center
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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426 Wabash Avenue is for sale in Kansas City, MO 64124. This property was listed for sale on November 16, 2023 by RE/MAX Revolution, it's currently listed at $325,000. It has been on the market for a total of 165 days and was last sold on April 11, 2022. This listing's school district is Kansas City 33 School District. Nearby schools include Garfield Elementary School, Northeast Middle School and Northeast High School. 426 Wabash Avenue is a 6-bed, 3-bath, 2,979 sqft built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Revolution

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.