5500 Central Street

Rare opportunity in one of Kansas City’s most desirable historic areas! This home is currently mid-renovation and ready for the next owner to bring the vision to life. Extensive work has already been completed, including major system upgrades and a thoughtfully redesigned layout—saving months of time and significant upfront costs. (A comprehensive list of work completed is available on supplements. Contacting the listing agent or contact your agent and they can forward that to you.) The property has been reimagined with a modern open-concept floor plan while preserving its original character and charm. Large living spaces, a spacious kitchen footprint with room for a breakfast nook or expansion, and a generously sized primary suite offer the foundation for a truly stunning finished product. Plans also include a future 2-car garage with a 16’ door, adding both convenience and value. Major improvements already completed include full electrical rewire, all new plumbing supply and drain lines, new HVAC ductwork, and restored original windows, blending historic appeal with modern functionality. 3.5 bathrooms have already been roughed in, and sheetrock has been repaired, textured, and primed throughout much of the home. Custom touches like built-in bench seating add to the thoughtful design. The heavy lifting is done—demo, structural prep, and core systems are in place—allowing the next owner to focus on finishes and personalization. Estimated completion costs leave substantial room for equity, with comparable finished homes in the area exceeding $1.2M–$1.3M+. Whether you’re an investor looking for your next high-upside project or a homeowner wanting to customize a dream home in a prime location, this is a unique chance to step into a project already well underway. Bring your vision and unlock the full potential of this exceptional property!