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    600 E Mary Street

    Yates Center, KS 66783
    • $400,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 2322797
    UPDATED: 31 min ago
    $400,000
    • 0
      BEDS
    • 1.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    New updated pictures from a newly renovated room! Rarely does an opportunity like this happen! 12 units for under $500k? The property does need some work but refurbished units will be renting for $425 for a 1 bedroom and $525 for a 2 bed. 12 units currently (6 are occupied) and expandable to 15 - 17! Mostly 1 bedroom (some 2 bedroom) several are in the process of renovation. Floor joists are being replaced in some rooms (see pictures) along with new subfloor and flooring. Some of the renovation will be complete prior to the new owner taking over. This was a retirement home in its prior life and for any multifamily investor this means one thing...Limited ADA issues! Ramps up to doors, wide doors and hallways. That alone makes this renovation far easier than any other you could attempt. Several of the heat / AC units were recently upgraded. 2 year old metal roof, over $250k invested in the last 2 years. This could be the perfect property to buy with your 401k or IRA! Water and cable currently paid by the owner electric and gas are separate.

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    Heartland MLS Terms of Use

    The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Team Real Estate | eXp Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-07-23T18:44:51.827.

    www.teamre.com/homes/117457897
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    600 E Mary Street Yates Center, KS 66783

    • Price: $400,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 2322797
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.1
    Acres
    1960
    Built
    Neighborhood:
    Other
    County:
    Woodson
    Area:
    998 - Other Kansas Area
    Elementary School:
    Yates Center
    Middle School:
    Yates Center
    High School:
    Yates Center
    School District:
    Other
    Property Description
    New updated pictures from a newly renovated room! Rarely does an opportunity like this happen! 12 units for under $500k? The property does need some work but refurbished units will be renting for $425 for a 1 bedroom and $525 for a 2 bed. 12 units currently (6 are occupied) and expandable to 15 - 17! Mostly 1 bedroom (some 2 bedroom) several are in the process of renovation. Floor joists are being replaced in some rooms (see pictures) along with new subfloor and flooring. Some of the renovation will be complete prior to the new owner taking over. This was a retirement home in its prior life and for any multifamily investor this means one thing...Limited ADA issues! Ramps up to doors, wide doors and hallways. That alone makes this renovation far easier than any other you could attempt. Several of the heat / AC units were recently upgraded. 2 year old metal roof, over $250k invested in the last 2 years. This could be the perfect property to buy with your 401k or IRA! Water and cable currently paid by the owner electric and gas are separate.
    Exterior Features

    Construction Materials Block Garage YN No Parking Features On Street Road Responsibility Private Maintenance Roof Metal

    Interior Features

    Basement Yes Cooling Electric Cooling YN Yes Heating Natural Gas Laundry Features Central LaundryUtility Room Safety Features Fire AlarmSecurity SystemSmoke Detector(S)Fire Sprinkler System

    Property Features

    Age Description 51-75 Years Association Fee 0 Current Occupancy Rate 90-95% In Flood Plains No Listing Terms CashConventional Maintenance Provided YN No Property Sub Type Apartment Sewer City/Public Unit Type Type 1 Bedroom2 Bedroom Utilities Ind Heat And Air Water Source Public Zoning Res

    Listing information © 2021 Heartland MLS.
    Listing courtesy of Crown Realty.



    Heartland MLS Terms of Use

    The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and Team Real Estate | eXp Realty do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-07-23T18:44:51.827.

     
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