NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
9,035 Sq Ft Lot

Last Sold August 27, 2021

2 Days on Market

Highlights

  • 1-Story Property
  • Lee Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Skip the dorms with shared bathrooms, unknown roommates, and common amenities that may or may not be sanitized! Buy a property where you can control every aspect of your student's living situation. Great investment opportunity approximately 100 yards from campus! Three apartments total. Two 2-BR apartments upstairs are fully rented through July 2021. Basement 3-BR apartment is currently available this August, creating a good opportunity to live in the property, or have your own student live in the property. Units are more nicely finished than most student housing (see pictures), leading to strong rental income. Monthly revenues = greater than 1% of property listing price!

Last Listed By

David Renberg

Foundation Realty License #BR00233280 Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,583

Year Built

  • Built in 1951

Lot Details

  • 9,035

Home Design

  • Duplex
  • Converted Dwelling

Interior Spaces

  • 3 Bathrooms
  • 1-Story Property

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Additional Features

  • 9,035 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,850

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,583

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Converted
  • Estimated Year Built: 1951
  • Basement Finished: Full-Finished
  • Basement Light Exposure: Egress
  • Lot Size Total Sq Ft: 9035
  • Number Conforming Bedrooms: 7
  • Pers Prop Included Detail: All kitchen and laundry in each unit
  • Water Type Sewer Type: City Water, City Sewer
  • Lawn Snow: 35
  • Monthly Gross Income: 3500
  • Heating Type Design: Forced Air Gas
  • Number Living Units: 3
  • Property Desc Public: Skip the dorms with shared bathrooms, unknown roommates, and common amenities that may or may not be sanitized! Buy a property where you can control every aspect of your student's living situation. Great investment opportunity approximately 100 yards from campus! Three apartments total. Two 2-BR apartments upstairs are fully rented through July 2021. Basement 3-BR apartment is currently available this August, creating a good opportunity to live in the property, or have your own student live in the property. Units are more nicely finished than most student housing (see pictures), leading to strong rental income. Monthly revenues = greater than 1% of property listing price!
  • Property Design Type: 1 Level, Converted, Duplex
  • Seller Legal Name: H2O Front Properties LLC
  • Tot Security Deposit Amt: 2850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Bathrooms: 3
  • Price Per Sq Ft: 37.74

Exterior Features

  • Construction Type: Site Built

Utilities

  • Cooling Type: Central
  • Fuel: Natural Gas
  • Gas: 100
  • Trash: 27
  • Water Sewer: 83

Schools

  • School District: Manhattan-Ogden USD 383
  • Elementary School: Lee Elementary
  • Middle School: Dwight D Eisenhower Middle
  • High School: Manhattan High

Lot Info

  • Estimated Lot Size: 0.21
  • Geo Subdivision: KS
  • Zoning: R-3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • General Taxes: 5583.4
  • Total Taxes: 5583.4

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/27/2021 08/27/21 Sold -- -- --
07/28/2021 07/28/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $345,000 -1.4% --
04/28/2017 04/28/17 Sold -- -- --
03/30/2017 03/30/17 For Sale $350,000 -- --
Source: Flint Hills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $5,494 $37,114 $4,088 $33,026
2023 $5,714 $38,640 $4,991 $33,649
2022 $5,694 $36,981 $6,892 $30,089
2021 $5,865 $36,255 $6,892 $29,363
2020 $5,583 $36,255 $6,892 $29,363
2019 $5,865 $37,766 $8,572 $29,194
2018 $5,564 $37,766 $12,468 $25,298
2017 $4,424 $30,825 $12,468 $18,357
2016 $4,178 $29,358 $12,468 $16,890
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Flint Hills Association of REALTORS®

MLS Number: FHR20212800

Flint Hills Association of REALTORS®