NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1945 Built

Last Sold March 01, 2019

10 Days on Market

Highlights

  • Deck
  • Combination Dining and Living Room
  • Carpet
  • Loft
  • Baseboard Heating

About This Home

As of March 2019

Completely Turn-Key Investment Opportunity in Rapidly Growing Gardner,Kansas! This Well-Maintanied Nine-Plex is Steady! Solid and Predictable Cash Flow! Currently Professionally Managed...Massive tenant pool for this rent rate of property! These Units are Easy to Keep Full!

Last Agent to Sell the Property

Branigan Barnett

Keller Williams Southland License #2006004801 Listed on: 01/14/2019

Keller Williams Southland

Last Buyer's Agent

Jimmy Geisler

Ad Astra Realty License #2014028823

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1945

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Loft
  • Carpet
  • Basement

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Gardner Elementary School
  • Gardner Edgerton High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Baseboard Heating

Additional Features

  • Deck
  • 6,600 Sq Ft Lot

Community Details

  • 9 Units
  • Gross Income $64,000

Listing and Financial Details

  • Assessor Parcel Number CP51000000-0181

Property Details

Home Type

Apartment

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 76-100 Years
  • Legal Description: Lots 181 & 183, TOWN OF GARDNER (MAIN STREET), a subdivision in Gardner, Johnson County, Kansas.
  • Package: No
  • Year Built: 1945
  • Dining Area Features: Liv/Dining Combo
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Branigan Barnett
  • List Office Mls Id: KW08
  • List Office Name: Keller Williams Southland
  • List Office Phone: 816-331-2323
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 18000
  • Other Room Features: Balcony/Loft, Private Bath
  • Special Documents Required: No
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Value Range Pricing: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Apply To Some, Prt Window Cover
  • Basement: Yes
  • Flooring: Carpeted Floors
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Wall Furnace
  • Sewer: City/Public
  • Utilities: Cent Water Heater
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Off-Site Mgmt

Schools

  • Middle/Junior School: Wheatridge

Lot Info

  • In Floodplain: No
  • Zoning: Comm
  • Lot Size Area Units: Square Feet
  • Lot Size Sq Ft: 6600.00
  • Parcel Number: CP51000000-0181

Rental Info

  • Existing Lease Terms: 12 Months

Building Info

  • Number of Units Total: 9

Multi Family

  • Gross Income: 64000
  • Current Occupancy Rate: Over 95%
  • Operating Expenses Include: Property Mgmt, Real Estate Tax, Sewer, Water

Tax Info

  • Tax Abatement: No

MLS Schools

  • Elementary School: Gardner
  • School District: Gardner Edgerton
  • High School: Gardner Edgerton

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
03/01/2019 03/01/19 Sold -- -- --
01/24/2019 01/24/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $420,000 +20.3% --
08/11/2017 08/11/17 Sold -- -- -- View Prior Sale
06/03/2017 06/03/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $349,000 -- --
Source: Heartland MLS

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
2023 $7,346 $57,845 $2,467 $55,378
2022 $7,091 $55,200 $2,277 $52,923
2021 $6,518 $48,875 $949 $47,926
2020 $6,503 $47,610 $949 $46,661
2019 $5,256 $39,100 $6,210 $32,890
2017 $5,323 $39,100 $5,520 $33,580
2016 $4,568 $33,350 $4,876 $28,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2145041

Heartland MLS