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Mike And Martha Nielsen

mike@mike-nielsen.com +1(913) 775-0345

Listed by Gary Faler • ReeceNichols - Overland Park

$500,000

Est. payment - /mo

10,018 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2640284

Year Built 1977

Annual Tax Amount $4,624

Lot Size 10,018 Sqft

Acres 0.22998163

Property Sub-Type Quadruplex

Source hmls

Property Description

Great 4-plex investment property turn-key opportunity! Historically, high occupancy. Building is 100% rented/occupied. The property has been well-maintained. Updates include newer windows, exterior paint, sewer line, and updated kitchens and bathrooms, plus additional sump pumps. The property is surrounded by great green space, much of which has been freshly mulched. Large parking area with fresh gravel and plenty of room for cars, plus a hangout space, and a large outbuilding with two garage doors at the back of the lot. The entrances to apartments A, B, and C are located at the front of the house. Entrances to A, C, and D are in the back. The front has a small porch area, followed by a small vestibule before the apartment door. The pictures are of apartment B. In each unit, you will find a good-sized kitchen with natural light and beautiful, bright white cabinetry with plenty of countertop space. Newer flooring in the vacant unit. Each unit is equipped with a stove, fridge, and stacking washer/dryer. The living room has an open feel. Each unit has two bedrooms, each with a window, a ceiling fan, and a generous sized closet. These bedrooms share a modern, fresh hall bathroom with tile flooring, updated fixtures and lighting, and a tub/shower combo. This is a great investment opportunity, great for a first-time investor! Now is a great time to invest!

Location

State KS

County Douglas

Zoning RM-3

Interior

Heating Natural Gas

Cooling Electric

Fireplace N

Appliance Dryer, Refrigerator, Free-Standing Electric Oven, Washer

Laundry Inside

Exterior

Parking Features true

Utilities Available Ind Heat And Air, Ind Water Heaters

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Schools

School District Lawrence

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Mike And Martha Nielsen

+1(913) 775-0345

Broker Associate License ID: BR00222013

731 W 25th ST Lawrence, KS 66046

Mike And Martha Nielsen

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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