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1101 S Broadway Street, Leavenworth, KS 66048

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For Sale

$290,000

0.21 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Back on market at no fault of seller! 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.
MLS# 2472230

Courtesy Of Reece & Nichols Realtors, Inc.

(816) 554-5000

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Oven, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Central A/C, Window Unit(s) A/C
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.21 Acres
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 1101 S Broadway Street, Leavenworth, KS 66048

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(785) 762-2521
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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