Listed By:
At Home Kansas
Address
728 Rhode Island Street, Lawrence, KS
Price
$ 500,000
Property Attributes
  • MLS#2472300
  • TypeMulti-Family
  • CountyDOUGLAS - KS
  • CityLawrence
  • Area450 - Douglas County - KS
  • Zip66044
  • Style
  • Year Built1875
  • Taxes$ 5520
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.134298 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Live 2 blocks from downtown in this 1875 Old East Lawrence converted home with 6 Bedrooms and 4 Baths currently being used to house 4 tenants as a 4plex. Built to Last After Quantrill’s Raiders burned houses. High Rents=great investment-tenants pay more to live 2 blocks off downtown if you’re an investor looking for a multifamily. Live in all 4 units OR Live in 1 unit & rent other 3 & live for FREE or almost FREE OR Cash Flow After Taxes If Renting all 4. Popular location of a block or so from Farmer’s Market and 2 blocks from downtown. $40,000+ in annual rents. At $125,000/Unit Second Lowest Priced Lawrence 4plex at MLS entry. Ask your agent for video walkthrough of units and list of maintenance items.

Price History
2/9/2024 Listed $450,000

General Features

Sewer City/Public
Heating Other
Cooling Window Unit(s)
Utilities Other
Possession Close Of Escrow
Roof Composition
Appliances Refrigerator,Free-Standing Electric Oven
Zoning RM24
Construction Materials Brick & Frame
Year Built 1875
Property SubType Quadruplex
Assoc Fee Paid Per None
County Douglas,KS
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Other
Garage Y/N No
Status Active
Directions E from 8th and Mass to N on Rhode Island to 728.
City Lawrence
High School District Lawrence
Total Units 4
MLS Area 450 - Douglas County,KS
Lot Size Square Feet 5850
Street Name Rhode Island
Listing Terms Cash,Conventional,FHA,VA Loan
Public Remarks Live 2 blocks from downtown in this 1875 Old East Lawrence converted home with 6 Bedrooms and 4 Baths currently being used to house 4 tenants as a 4plex. Built to Last After Quantrill’s Raiders burn
Standard Status Active
In Flood Plain No
Virtual Tour https://youtu.be/NI4Z4Cyl_VY
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Street Suffix Street
Laundry Features Inside
Unit Type 1 Bedroom,2 Bedroom,Efficiency

Exterior Features

Parking Features Off Street,On Street
Water Source Public
Total Parking 4
Lot Size Area 5850
Road Surface Type Paved
Lot Size Units Square Feet
Road Responsibility Public Maintenance

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 66044

Price
AVG $710K
$500K
Taxes
AVG $7,716
$5,520
Visits
AVG 206
193
Data Provided by Inside Real Estate®
Year Built
AVG 1917
1875