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Listing ID624995
SqFt 7,200
Year Built1916
Property TypeCommercial
Property Sub TypeOther
Exceptional investment opportunity: a premium 14-unit apartment complex with a commercial lease on the ground floor. This property offers a perfect blend of residential and commercial space, making it an ideal choice for investors seeking steady rental income and potential business opportunities. Extremely low maintenance. Unit breakdown: 4 units - 1 bedroom, 1 bathroom 8 units - 2 bedrooms, 1 bathroom 1 unit - 2 bedrooms, 1.5 bathroom 1 unit - currently leased and used by commercial tenant Property highlights: 1. Prime location: conveniently located near the city's arterial intersection of 9th (HWY 160) and Main (HWY 77) 2. Income potential: The combination of residential units, commercial lease and covered parking spaces provides a diverse revenue stream and potential for long-term profitability. 3. Attractive Design: The complex features a non-combustible masonry structure - favorable for a cost-effective insurance policy 4. Covered parking garage with ample space for tenants and an additional revenue stream. Don't miss this opportunity to own both commercial and residential property in a great location.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the South Central Kansas MLS, Inc. and includes listings held by other brokerage firms. All information deemed reliable, but not guaranteed, and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. All properties subject to prior sale, change, or withdrawal. Neither listings broker(s) nor Sundgren Realty, Inc. shall be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless. Listing information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. © 2023 South Central Kansas MLS, Inc. All rights reserved. Listing courtesy of ALBRIGHT REALTY. Data last updated: Sunday, May 28th, 2023.
#IDX-primaryPhoto,#idx-details-headerListed by: ALBRIGHT REALTY 620-262-7963

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Sundgren Realty

218 E. Central
El Dorado, KS 67042
Fax: 316-321-7116
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