Property Description:
This 2-bed, 1-bath single-family home offers 792 sq ft of living space on a 4,960 sq ft lot in the East 35th St corridor of Kansas City’s 64128 ZIP. Built in 1921, the property has been consistently maintained and lightly updated over the past few years, making it a low-hassle rental or a strong candidate for a light cosmetic flip. The current month-to-month tenant reports no issues and will be vacating within 30 days.
🛠️ Recent System Updates – Cosmetic Rehab Needed
- Roof: Estimated to be from 2016 (installed ~5 years before seller’s 2021 purchase)
- Water Heater + Plumbing + Electrical: Serviced and updated in 2023
- Furnace: Serviced in early 2024 before current tenant took occupancy
- Interior Condition: property was made rental-ready 6 months ago
🔴 Sold Comps
· 3704 E 35th St – 792 sq ft, 2/1, sold at $123,025 ($155/sq ft) – nearly identical home
· 3421 Mersington Ave – 828 sq ft, 2/1, sold at $130,340 ($157/sq ft) – slightly larger
· 3702 E 35th St – 864 sq ft, 2/1, sold at $116,375 ($135/sq ft) – same street, off-market
· 3403 Norton Ave (Active) – 941 sq ft, 3/1, listed at $155,000 ($139/sq ft) – larger, extra bed
🔎 Investor Insight
Based on comps, the estimated resale value ranges between $110K–$120K+, depending on finishes. The property should rent for approximately $1,000/month, potentially more with minor upgrades.