NOT LISTED FOR SALE

1207 W Franklin St Unit 869 N Gilman Ave Wichita, KS 67203

Riverside Neighborhood
8 Beds
-- Bath
9,482 Sq Ft
0.48 Acres

Last Sold May 20, 2016

205 Days on Market

Highlights

  • 20,739 Sq Ft lot
  • Garden
  • Heating System Uses Gas
  • Four Sided Brick Exterior Elevation
  • Central Air

About This Home

As of May 2016

A must see to believe! This very unique apartment building is in the middle of the amazing Riverside area. A historic 8 unit apartment building built in 1929 by Fred Stackman, a prominent builder/ developer at the time. This building has 4 single story flats, and 4 two story loft units (each with a private patio). The building had a major historic rehab in 1987, and was placed on the National Registry of Historic Buildings. Built in the English Tudor Style, this spectacular property reflects the glory of the finer things in life. Each 1 bedroom unit has original hardwood floors, hand crafted stained wood paneling and tongue and groove vaulted ceilings to create a warm, inviting and unique living experience. Outside, there is the interior courtyard with a fountain and lush landscaping with sprinkler system, covered carports, brick exterior and a new 40 year composite roof. With the rehab in 1987, central heat and air conditioning was installed, along with new kitchens, and washer/dryers in each unit. Units #2 and #8 have remodeled kitchens with granite counters, built in microwaves and stainless steel appliances added. Unit #7 has new stainless steel appliances and built in microwave. It has a great location, in the highly desirable Riverside District near downtown and major employers such as St. Francis Hospital. Walk along the river to museums and parks. It’s just 15 minutes to the airport. This property would be an excellent candidate for conversion to condominiums or for a Bed and Breakfast. Agents show only to qualified buyers!! Agents see 'Private Remarks' for showing instructions.

Last Agent to Sell the Property

Lindi Lanie

Reece Nichols South Central Kansas License #00047345 Listed on: 09/01/2015

Reece Nichols South Central Kansas

Co-Listed By

Carole Morriss

Reece Nichols South Central Kansas License #SP00050480

Last Buyer's Agent

Lindi Lanie

Reece Nichols South Central Kansas License #00047345 Listed on: 09/01/2015

Reece Nichols South Central Kansas

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1929

Lot Details

  • 0.48 Acre Lot
  • Garden

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 9,482 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 12 Parking Spaces
  • Paved Parking

Schools

  • Riverside Elementary School
  • Marshall Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, parking, trash
  • Assessor Parcel Number 20173-124-17-0-32-04-001.00-B

Community Details

Overview

  • 8 Units
  • Riverside Addition Subdivision

Building Details

  • Gross Income $73,680

Property Details

Home Type

Apartment

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apartment Complex
  • Style: Garden
  • Estimated Age: 81+ Years
  • Total Specials: 51.84
  • Year Built: 1929
  • Annual Specials: 51.84
  • Estimated TFLA: 9482
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Basement: Yes - Unfinished
  • Basement Use: Owner Storage, Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: All Brick
  • Roof: Composition

Garage/Parking

  • Parking: 1 Per Unit, Covered, Paved
  • On Site Parking Spaces: 12

Utilities

  • Cooling: Individual Unit, Central Electric
  • Flood Insurance: Unknown
  • Heating: Central Gas, Individual Unit
  • Utilities: Natural Gas, Public, Sewer

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Riverside
  • Middle School: Marshall
  • High School: North
  • Elementary School: Riverside
  • High School: North

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 20,739
  • Geo ADDRESS Line: 1207 W Franklin St
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Secondary City: Sedgwick Co.
  • Geo Subdivision: KS
  • Geo Update: 06/17/2016
  • Geo Zoom Level: 17

Rental Info

  • Owner Paid Utilities: Lawn Maintenance, Parking, Trash
  • Tenant Paid Utilities: Electric, Gas

Tax Info

  • Assessor Parcel Number: 20173-124-17-0-32-04-001.00-B
  • General Taxes: 4222.5
  • General Tax Year: 2014

Multi Family

  • Number Of Units: 8
  • Number Of 1 Bedroom Units: 8
  • Rent Per Unit 1 Bedroom: $592-$1020
  • Gross Income: 73680

MLS Schools

  • Middle School: Marshall
  • School District: Wichita School District (USD 259)

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold -- -- --
03/24/2016 03/24/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $795,000 -- $84 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 509640

South Central Kansas MLS