$148,500
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1200 2nd AVE Leavenworth, KS 66048
6,720 Sqft Lot
Key Details
Sold Price $148,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Days Subdivision
MLS Listing ID 2460101
Sold Date 12/14/23
Year Built 1890
Annual Tax Amount $1,010
Lot Size 6,720 Sqft
Acres 0.15426998
Property Description
***Seller willing to offer Buyer $9,000 credit at closing with full price offer. Investment duplex available in Leavenworth, KS! The property is a top/bottom duplex, and both units are currently vacant. Perfect opportunity for a new buyer to lease the apartments to their specifications. Each unit includes 2 bedrooms and 1 bathroom and are roughly 960 sq ft per unit. Unit 1, which is on the main level, is recently updated and includes all new LVP floors, bathroom fixtures, kitchen cabinets and countertops, and stainless steel appliances (refrigerator, dishwasher, stove/oven). Washer/dryer hookups installed. Unit 2, which is on the 2nd floor, has not been updated, but is in rentable condition and has a stackable washer dryer. Potential gross market rents for the entire building are approximately $1,600-$1,800/mo. Market rents are approx $900-$1,000/mo for Unit 1, and $700-$800/mo for Unit 2. Good opportunity to renovate the top unit to achieve higher market rent. Each unit is separately metered for gas and electric, which tenants cover. Separate hot water heater and furnace for each unit. Another option is to house hack, and live in one unit and rent out the other! Additionally, this property features a detached garage which could be used as an additional storage area. Property being sold AS IS. Buyer to perform their own due diligence regarding financial and physical assessment of the property.
Location
State KS
County Leavenworth
Zoning MF
Rooms
Basement true
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Dishwasher, Refrigerator, Built-In Electric Oven, Stainless Steel Appliance(s)
Laundry In Basement
Exterior
Parking Features true
Utilities Available Multi-Unit Heat/Air, Separate Meters
Roof Type Other
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick & Frame
Schools
Elementary Schools Anthony
Middle Schools Richard Warren
High Schools Leavenworth
School District Leavenworth
Others
Acceptable Financing Cash, Conventional, FHA, Private, VA Loan
Listing Terms Cash, Conventional, FHA, Private, VA Loan
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