NOT LISTED FOR SALE
-- Beds
-- Baths
3,724 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: August 1, 2024

58 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Lawrence Free State High School Rated A-
  • Patio
  • Utility Room

About This Home

As of August 2024

UNLEASH THE POTENTIAL OF YOUR PORTFOLIO - EXCEPTIONAL 4-PLEX INVESTMENT OPPORTUNITY! A prime investment beckons with this remarkable 4-plex, a strategic addition to your portfolio. Each of the four units presents an enticing arrangement of 2 bedrooms, 1 bath, and essential amenities like in-unit laundry facilities and a well-equipped kitchen featuring a refrigerator, stove, and dishwasher. This thoughtful design ensures that tenants experience a blend of comfort and convenience, enhancing the property's rental appeal. What sets this opportunity apart is the prospect of acquiring three additional units, offering investors the flexibility to expand their holdings. Whether as a comprehensive package or individual units, this expansion option adds a layer of versatility to an already promising investment. It's worth noting that the property is offered in an as-is condition, providing a canvas for investors to infuse their vision and creativity. This presents an exciting prospect to not only optimize the value of the existing gem but also to elevate its appeal in line with market demands. Don't overlook this fantastic chance to secure a 4-plex with additional expansion possibilities. Seize the moment to fortify and diversify your investment portfolio with this lucrative opportunity. Your strategic move awaits!

Last Agent to Sell the Property

Dan Lynch

Lynch Real Estate Brokerage Phone: 913-481-6847 License #BR00053988 Listed on: 01/26/2024

Last Buyer's Agent

Non MLS

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1970

Lot Details

  • 12,035 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 3,724 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement

Kitchen

  • Built-In Electric Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Outdoor Features

  • Deck
  • Patio

Schools

  • Free State High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 023-067-25-0-30-09-013.00-0
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,119

Year Built

Built in 1970

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1970
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Dan Lynch
  • Listing Service: Full Service
  • List Office Mls Id: HMSLYNH
  • List Office Name: Lynch Real Estate
  • List Office Phone: 913-369-3000
  • Mls Status: Sold
  • Operating Expense: 4119
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: Optional
  • Attribution Contact: 913-481-6847
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Hood, Refrigerator, Built-In Electric Oven
  • Basement: Yes
  • Laundry Features: Utility Room
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick & Frame
  • Patio And Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Public
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Continental Title

Schools

  • Middle/Junior School: West
  • Junior High Dist: Lawrence

Lot Info

  • Zoning: RES
  • Building Area Total: 3724
  • Lot Size Sq Ft: 12035
  • Parcel Number: 023-067-25-0-30-09-013.00-0
  • Subdivision Name: Other
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: Month To Month,Six Month Lease

Multi Family

  • Gross Income: 36900
  • Current Occupancy Rate: 80-90%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4119
  • Tax Abatement YN: 0

MLS Schools

  • High School: Free State

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,000
Outstanding Balance
$1,046,427
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Continental Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,072,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold -- -- --
03/25/2024 03/25/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $349,950 0.0% $94 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $349,950 -- $94 / Sq Ft
Source: Heartland MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,893 $39,503 $7,475 $32,028
2024 $4,572 $36,979 $5,750 $31,229
2023 $4,505 $35,091 $5,520 $29,571
2022 $4,119 $31,901 $5,060 $26,841
2021 $3,706 $27,784 $4,830 $22,954
2020 $3,622 $27,301 $5,031 $22,270
2019 $3,510 $26,489 $3,678 $22,811
2018 $3,501 $26,228 $3,678 $22,550
2017 $3,483 $25,807 $3,678 $22,129
2016 $3,373 $26,105 $3,678 $22,427
2015 -- $25,956 $3,678 $22,278
2014 -- $25,622 $3,736 $21,886
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2469401

Heartland MLS
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