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$ 4,200,000
Est. payment | /mo
14,958 SqFt
$ 4,200,000
Est. payment | /mo
14,958 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,958 sqft
Price per Sqft $280
MLS Listing ID 166779
Year Built 1985
Tax Year 2025
Property Sub-Type Multi Family
Source lbor
Property Description
The options are endless with this centrally located investment opportunity! For sale are: 1300 Kentucky Street a standalone 4-plex building comprised of 2bed-1bath units and 1310-1314 Kentucky Street a combined 19-unit apartment building featuring 4-5br units, 2-3br units, 12-2br units, 1-1br unit, and a laundry room on site. 23 apartments overall between the properties totaling 59 bedrooms all to be sold together! Recent zoning changes have opened the door to potential remodel and addition options at the site: think an addition with more units, or combine apartments for more bedrooms, or just fix up this diamond in the rough for premium rental prices. There's even a path where building up with new construction could make sense with a driveway approach off Kentucky + alley access, fire hydrant on lot, and separate individual utility metering including 23 water meters. Impeccable location within walking distance to both campus and downtown, R4 heavy density zoning, an abundance of off-street parking, extremely low vacancy rate, and gleaming future development potential are all huge positives for this property package, inquire today!
Location
State KS
County Douglas
Zoning R-4
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Separate Meters
Total Parking Spaces 36
Building
Water Public
Others
Ownership Investor
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
Listed by ACRES REALTY LLC
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