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USAKSValley FallsValley Falls1505 Linn St
1505 Linn St, Home with 0 bedrooms, 0 bathrooms and null parking in Valley Falls KS | Image 1
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$595,000

1505 Linn St, Valley Falls, KS

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $24,516
Days Active 47
Approx. Age 
MLS® Number 239141

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

What a fantastic investment opportunity! This 15-unit apartment complex in Valley Falls, KS cashflows on day 1 with a 10% cap rate. This complex will be an excellent addition to any real estate portfolio. Or the perfect opportunity to skip the side hustle and jump straight into self-employment as the acting property manager. All mechanicals and major maintenance have been completed to provide a solid foundation of steady income for years. -Monthly rent at 100% occupancy: $12, 065 -75% of current leases are open on month-to-month terms -Annual income of $144, 780 -Seller financing available -Complete document package by request -Coordinated handoff with current property manager after closing This property is a unique cashflow opportunity; no sweat equity is necessary. Unit Summary -6 One-bedroom, One-bathroom units -7 Studio units -Two-bedroom, two-bathroom unit with basement and private laundry -Three-bedroom, two-bathroom unit with private laundry and balcony -On-site gym with half bath -Two seperate laundry rooms (4 washers, 4 dryers total) Schedule your showing today!Show Description
MLS® Number239141
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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