Price Reduction
Listed By:
John Moffitt & Associates
Address
335 S Water Street, Olathe, KS
Price
$ 284,950
Property Attributes
  • MLS#2465351
  • TypeMulti-Family
  • CountyJOHNSON - KS
  • CityOlathe
  • Area335 - N=135th - S=167th - E=Pflumm - W=Moonlight R
  • NeighborhoodOlathe
  • Zip66061
  • Style
  • Year Built1900
  • Taxes$ 1763
  • Price$ 284,950
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,901 SqFt
Data Source:
Heartland MLS (HMLS)
Property Description

BACK ON MARKET NO FAULT TO SELLER! BUYER'S FINANCING FELL THROUGH BEFORE INSPECTIONS! Great opportunity to own a great multi family investment property in sought after Olathe! This tri plex is rent ready with one unit already under lease! 2 units on the main level and 1 unit on the second floor, all units are metered separately. The property consists of one studio, one 2 bedroom unit and one 1 bedroom unit, All units have updated flooring, fresh paint, new fixtures, updated countertops and new bathrooms! The entire exterior of the property has recently painted, brand new roof and new gutters! Additional lot next door comes with the property! The lot split has already been approved by the city of Olathe (see supplements) and once finalized the lot can be sold on its own and is zoned R-1 for a single family home! This is a great value and an easy sell if you don't plan on building a home on for yourself! Unbeatable location just steps from the school and blocks away from the shops on Sante Fe and downtown Olathe! Hurry this rare opportunity won’t last long!

Price History
12/8/2023 Listed $359,950
12/12/2023 5% - $344,950
1/11/2024 5% - $329,950
2/17/2024 4% - $319,950
3/2/2024 1% - $317,950
3/8/2024 3% - $309,950
4/9/2024 2% - $304,950
4/19/2024 2% - $299,950
5/1/2024 4% - $289,950
5/17/2024 2% - $284,950

General Features

Sewer City/Public
Heating Forced Air
Cooling Electric
Utilities Separate Meters
Roof Composition
Zoning R2
Construction Materials Frame
Year Built 1900
Property SubType Triplex
Assoc Fee Paid Per None
County Johnson,KS
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Olathe
Garage Y/N No
Status Active
Directions W 135th St/E Santa Fe St. Drive to N Water St
City Olathe
High School District Olathe
Total Units 3
MLS Area 335 - N=135th;S=167th;E=Pflumm;W=Moonlight Rd
Lot Size Square Feet 10901
Street Name Water
Listing Terms Cash,Conventional,FHA,VA Loan
Public Remarks BACK ON MARKET NO FAULT TO SELLER! BUYER'S FINANCING FELL THROUGH BEFORE INSPECTIONS! Great opportunity to own a great multi family investment property in sought after Olathe! This tri plex is rent r
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Street Suffix Street
Unit Type 1 Bedroom,2 Bedroom,Other Unit

Exterior Features

Parking Features Off Street
Water Source Public
Lot Size Area 10901
Lot Size Units Square Feet

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 66061

Price
AVG $340K
$280K
Taxes
AVG $2,160
$1,763
Visits
AVG 198
298
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1900