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Listed by Gary Faler • ReeceNichols - Overland Park
$ 550,000
Est. payment /mo
New
731 W 25th ST Lawrence, KS 66046
10,018 Sqft Lot
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 opportunity. Historically, high occupancy. Currently, one unit is vacant for showings. The perfect opportunity to live in one unit and manage the other three. The property has been well-maintained and has 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, which is currently ready for an owner occupant or a tenant. 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
NEARBY SCHOOLS
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