Views
Listed By:
ReeceNichols Brookside
Address
1101 S Broadway Street, Leavenworth, KS
Price
$ 275,000
Property Attributes
  • MLS#2488048
  • TypeMulti-Family
  • CountyLEAVENWORTH
  • CityLeavenworth
  • Area427 - N=Lv Co Ln - S=Co Rd 8 - E=Mo Rvr - W=Lv Co
  • Zip66048
  • Style
  • Year Built1900
  • Taxes$ 2273
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.212121 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Unbelievable deal and price point! An EXTREMELY RARE opportunity to own a SOLID quad plex on Leavenworth's Historical Broadway street. Take a google street view to see how exquisite the location and surrounding properties are! There have only been ONE 4plex/triplex listed in the area in the last YEAR! Cash flow opportunity is tremendous in this high demand rental town. Leavenworth is famed for Fort Leavenworth, the second oldest and most active United States Army post west of Washington D.C. Previous monthly income was $3,825 (tenant in Unit A recently deceased and seller wanting to leave vacant for new buyer). Priced to make a feasible investment for the financed buyer once assigning tenancy to vacant unit, which has had several repairs and cosmetic tune ups to become rent ready. All units with ample space, three 1 bed/1 bath units and one 2 bed/1 bath unit. Two car garage is currently being rented out at $150/mo! Tenants are happy, but each unit could use some cosmetic touches and updates to continue lining up rents with market. Since owning, seller has updated most plumbing to PEX, repaired/replaced foundation joists, put on a new roof, gutters and downspouts! The basement can be accessed through the empty unit A, VERY CLEAN AND DRY. 3 of 4 water heaters have been updated within the last few years. Thinking of other value add plays? Electricity is metered for owner to bill or share with tenants (all currently landlord paid). These units are in good shape but could use some minor cosmetic updates/improvements - would take existing great rental income to the next level.

Elementary School Middle School High School
Nettie Hartnett Elementary School Richard Warren Middle School Leavenworth High School
Price History
5/12/2024 Listed $275,000

General Features

Sewer City/Public
Heating Forced Air
Cooling Electric,Window Unit(s)
Utilities Cent Water Heater,Master Meters,Separate Meters
Roof Composition
Appliances Dishwasher,Refrigerator,Built-In Electric Oven
Patio/Porch Features Patio,Covered Patio,Porch
Construction Materials Frame
Year Built 1900
Property SubType Quadruplex
Assoc Fee Paid Per None
County Leavenworth
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Other
Garage Y/N Yes
Status Active
Directions From Spruce St,South on Broadway
High School Leavenworth
City Leavenworth
High School District Leavenworth
NumberOfUnitsTotal 4
MLS Area 427 - N=Lv Co Ln;S=Co Rd 8;E=Mo Rvr;W=Lv Co Ln
Lot Size Units Square Feet
Lot Size Square Feet 9240
Listing Terms Cash,Conventional
Elementary School Nettie Hartnett
Middle/Junior High School Richard Warren
Public Remarks Unbelievable deal and price point! An EXTREMELY RARE opportunity to own a SOLID quad plex on Leavenworth's Historical Broadway street. Take a google street view to see how exquisite the location and
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Window Features Storm Window(s)
Laundry Features Utility Room
Unit Type 1 Bedroom,2 Bedroom

Exterior Features

Parking Features Detached,Garage,Off Street
Water Source Public
Lot Size Area 9240

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 66048

Price
AVG $280K
$280K
Taxes
AVG $2,757
$2,273
Visits
AVG 169
130
Data Provided by Inside Real Estate®
Year Built
AVG 1946
1900