Property Description

1638 S 50th Ter, Kansas City, KS 66106

Located less than 5 minutes driving from Pierson Park which offers a fishing lake, tennis courts, pavilions for parties, local celebrations such as 4th of July firework shows, a skate area & a water splash pad for kids.

Property Description

Discover endless opportunities in this charming 1936 Bungalow nestled in the desirable Turner school district. Welcoming stone steps guide you to the front of the house, where a delightful covered porch awaits, offering a relaxing space for unwinding. While the living room flooring may be a bit dated, it remains functional and comfortable. The home boasts three bedrooms, two of which are equipped with ceiling fans. While a few cosmetic updates may be desired, this home presents an ideal canvas for those seeking to imprint their personal style. The fenced backyard is not only expansive but also offers ample room for various activities. Additionally, the back of the house provides two storage areas, ensuring convenient organization. Completing this appealing package is an attached one-car garage. Don’t miss out on the chance to see this captivating property for yourself!

  • ARV: $225,000
  • Repairs Needed: $50,000
  • Market Rent: $1,175-1,550

Finance Options

  • Conventional loan: Secured through a traditional bank. Typically requires a down payment of 20% or more and has fixed or adjustable interest rates.
  • Cash: Must demonstrate sufficient funds to purchase the property outright with cash.
  • Bridge Loan
  • Seller Financing: Involves a down payment (typically 30%) and regular mortgage payments directly to us. Please contact us for more information regarding owner financing.

Comparables

Property AddressListing PriceSale PriceSQFTAge
2118 S 47TH Street,
Kansas City, KS 66106
$199,950$217,000Above: 1,008
Below: 0
Total: 1,008
1954
2134 S 47th Terrace,
Kansas City, KS 66106
$200,000$225,000Above: 1,080
Below: 0
Total: 1,080
1951
4904 Edgehill Drive,
Kansas City, KS 66106
$225,000$230,000Above: 1,088
Below: 0
Total: 1,088
Unlisted
2025 S 51st Street,
Kansas City, KS 66106
$270,000$260,000Above: 1,045
Below: 0
Total: 1,045
1920