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100-212 9th Louisburg, KS 66061
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Key Details
Sold Price $1,050,000
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision City Of Louisburg
MLS Listing ID 2350385
Sold Date 03/03/22
Annual Tax Amount $10,659
Lot Size 1 Sqft
Property Description
Three building complex is in desirable Louisburg neighborhood. Ten two bed room one bath units of 792 square feet each, and one 3 bed room one bath unit of 1248 square feet for a total of eleven units in the three building complex. All new roofs in 2018. Exterior recently painted. Laminate wood look floors and carpet through out. Patio and privacy fence for each unit.
Financials Below market annual rent is $102,270 with upside potential. Property is 100% leased. (Rent roll is available upon request.) Units are leased under one year and month to month leases. Many are long time tenants. Expenses are $39,521 and include property taxes, maintenance, mowing, and insurance. Sellers are also the listing agents.
Location
State KS
County Miami
Zoning SFR
Rooms
Basement false
Interior
Heating Natural Gas
Cooling Electric, Window Unit(s)
Fireplace N
Laundry Inside
Exterior
Parking Features false
Utilities Available Ind Heat And Air
Roof Type Composition
Building
Story 1
Sewer City/Public
Water Public
Structure Type Board/Batten
Schools
Elementary Schools Louisburg
Middle Schools Louisburg
School District Nan
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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