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Listed by Devaune Johnson • Lifestyles Realty Missouri, INC
$ 299,000
Est. payment /mo
New
905 Madison ST Leavenworth, KS 66048
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2649074
Year Built 1980
Annual Tax Amount $3,057
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Triplex
Source hmls
Property Description
This is an opportunity to own a 1980 built Triplex in Leavenworth! Two of the three units are already producing income at this triplex at 905 Madison St. Both upstairs units are leased at $920 per month each. The basement unit is vacant and ready for occupancy, which gives a buyer two options. An investor can lease it at market rent to complete the rent roll. An owner-occupant can move in and let the upper units cover a large share of the monthly payment. Owner-occupant buyers should ask their lender about 2–4 unit financing, which can require less down than a standard investment loan. The property is in Leavenworth with access to Fort Leavenworth, downtown, and routes toward the Kansas City metro. You get cash flow from day one and built-in upside on the third unit. Ask for the leases and rent roll, check the numbers, and schedule your showing. Information deemed reliable but not guaranteed. Buyer/Agent to verify all information.
Location
State KS
County Leavenworth
Zoning R
Interior
Heating Forced Air
Cooling Attic Fan, Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Cent Water Heater
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Henry Leavenworth
High Schools Leavenworth
School District Leavenworth
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan

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