Description
Fantastic investment opportunity!! 22 studio unit apartments. Many of these units have been renovated. Updates include new pex plumbing installed, LVP flooring, and gas lines. Several furnaces have been updated as well. Tenants pay electric. Owner pays, gas, trash, yard, and water and provides fridge and stoves. There is also a large storage building (90x25) that could provide another rental income stream. This property consists of 3 parcels (2044, 2050 & 2056 S Broadway). Monthly rent when full is $8010 ($96,120 per year) and currently there are only 2 vacancies. There are 2 units that were involved in a fire that are in the process of being renovated. A wonderful opportunity to expand your rental portfolio.
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0BEDS
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20ACRES
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0BATHS
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01/2 BATHS
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13,068SQFT
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$50$/SQFT
School Information
Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Don Hamm of Wheat State Realty, Llc [IDXCONTACTINFORMATION] .
Description
Fantastic investment opportunity!! 22 studio unit apartments. Many of these units have been renovated. Updates include new pex plumbing installed, LVP flooring, and gas lines. Several furnaces have been updated as well. Tenants pay electric. Owner pays, gas, trash, yard, and water and provides fridge and stoves. There is also a large storage building (90x25) that could provide another rental income stream. This property consists of 3 parcels (2044, 2050 & 2056 S Broadway). Monthly rent when full is $8010 ($96,120 per year) and currently there are only 2 vacancies. There are 2 units that were involved in a fire that are in the process of being renovated. A wonderful opportunity to expand your rental portfolio.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2023 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-05-30T11:01:01.133.