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1101 S Broadway Street

Leavenworth, KS 66048
  • $275,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: 2488048
UPDATED: 139 min ago
$275,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Unbelievable deal and price point! An EXTREMELY RARE opportunity to own a SOLID quad plex on Leavenworth's Historical Broadway street. Take a google street view to see how exquisite the location and surrounding properties are! There have only been ONE 4plex/triplex listed in the area in the last YEAR! Cash flow opportunity is tremendous in this high demand rental town. Leavenworth is famed for Fort Leavenworth, the second oldest and most active United States Army post west of Washington D.C. Previous monthly income was $3,825 (tenant in Unit A recently deceased and seller wanting to leave vacant for new buyer). Priced to make a feasible investment for the financed buyer once assigning tenancy to vacant unit, which has had several repairs and cosmetic tune ups to become rent ready. All units with ample space, three 1 bed/1 bath units and one 2 bed/1 bath unit. Two car garage is currently being rented out at $150/mo! Tenants are happy, but each unit could use some cosmetic touches and updates to continue lining up rents with market. Since owning, seller has updated most plumbing to PEX, repaired/replaced foundation joists, put on a new roof, gutters and downspouts! The basement can be accessed through the empty unit A, VERY CLEAN AND DRY. 3 of 4 water heaters have been updated within the last few years. Thinking of other value add plays? Electricity is metered for owner to bill or share with tenants (all currently landlord paid). These units are in good shape but could use some minor cosmetic updates/improvements - would take existing great rental income to the next level.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and United Country Property Solutions, LLC do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-22T11:45:21.737.

Based on information submitted to the MLS GRID as of 2024-05-22T11:45:21.737 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.unitedcountrypropertysolutions.com/homes/150453116
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1101 S Broadway Street Leavenworth, KS 66048

  • Price: $275,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 139 min ago
  • ID#: 2488048
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1900
Built
Neighborhood:
Other
County:
Leavenworth
Area:
427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln
Elementary School:
Nettie Hartnett
Middle School:
Richard Warren
High School:
Leavenworth
School District:
Leavenworth
Property Description
Unbelievable deal and price point! An EXTREMELY RARE opportunity to own a SOLID quad plex on Leavenworth's Historical Broadway street. Take a google street view to see how exquisite the location and surrounding properties are! There have only been ONE 4plex/triplex listed in the area in the last YEAR! Cash flow opportunity is tremendous in this high demand rental town. Leavenworth is famed for Fort Leavenworth, the second oldest and most active United States Army post west of Washington D.C. Previous monthly income was $3,825 (tenant in Unit A recently deceased and seller wanting to leave vacant for new buyer). Priced to make a feasible investment for the financed buyer once assigning tenancy to vacant unit, which has had several repairs and cosmetic tune ups to become rent ready. All units with ample space, three 1 bed/1 bath units and one 2 bed/1 bath unit. Two car garage is currently being rented out at $150/mo! Tenants are happy, but each unit could use some cosmetic touches and updates to continue lining up rents with market. Since owning, seller has updated most plumbing to PEX, repaired/replaced foundation joists, put on a new roof, gutters and downspouts! The basement can be accessed through the empty unit A, VERY CLEAN AND DRY. 3 of 4 water heaters have been updated within the last few years. Thinking of other value add plays? Electricity is metered for owner to bill or share with tenants (all currently landlord paid). These units are in good shape but could use some minor cosmetic updates/improvements - would take existing great rental income to the next level.
Exterior Features

Construction Materials Frame Garage YN Yes Parking Features DetachedGarageOff Street Patio And Porch Features PatioCovered PatioPorch Roof Composition

Interior Features

Appliances DishwasherRefrigeratorBuilt-In Electric Oven Basement YN Yes Cooling ElectricWindow Unit(s) Cooling YN Yes Heating Forced Air Laundry Features Utility Room Unit Type Type 1 Bedroom2 Bedroom Window Features Storm Window(s)

Property Features

Age Description 101 Years/More Association Fee 0 Association Fee Frequency None Association YN No In Flood Plain Unknown Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Quadruplex Sewer City/Public Tax Total Amount 2273 Telecommunication Toll Utilities Cent Water HeaterMaster MetersSeparate Meters Water Source Public Zoning 0

Listing information © 2024 Heartland MLS as distributed by MLSGRID.
Listing courtesy of ReeceNichols Brookside.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and United Country Property Solutions, LLC do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-05-22T11:45:21.737.

Based on information submitted to the MLS GRID as of 2024-05-22T11:45:21.737 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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