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For additional information about these properties please click the links below
5 total units consisting of a
4-plex and one house
Price $169,000
4-plex
Price $99,000
2 Duplexes (4 Units)
1024 S. Ash $94,000
1034 S. Ash $ 88,000
or
$179,000 for both
2 Units
Price $91,000
1 Unit
$46,500
Properties
For Sale
JOHN POUND-CO.
About the Properties:
Own Something REAL:
Real Estate
Main Street Apartments are located conveniently on Main Street in Osawatomie providing high visibility and easy access for tenants. This property has the added benefit of being located in a business district. A new pharmacy was recently built next door and so this locale could prove to be of value to future business investors.
It currently generates $2,075/mo. in rental income
Parker Place 4-plex is a federal style building built in the 1990's. It includes additional land with the property for possible expansion. It is just a short walk from John Brown Park and the local newly built YMCA.
It currently generates $1400/mo in rental income
Ash Street "Sisters" are two duplexes (with two units in each building), located next door to one another on Ash Street in Ottawa, KS. They were built inthe mid 1970's, and feature basements and garages. Some of the units basements are partially finished and could be easly converted to three bedrooms. (Three bedroom units on the same block are renting for $750) The neighborhood is excellent, and just down the road from the high school. They currently generate $1100 per building or $2200 for both buildings (four units).
Walnut Duplex - a duplex built in 1998 featuring vinyl siding with rustic architectural details. It is situated on a quiet and shady lot. Each unit is
3 BR/2BATH. $1100/mo rental income.
Chestnut House - a large 4 bedroom, 1 Bathroom single family home in a quiet neighborhood. Also tenant occupied. $475/mo rental income.
THESE ARE NOT DISTRESSED UNITS! They are all currently being rented and are producing income. These units are listed at what it takes to purchase them- they are not "must sell" properties.
At the listing prices above, they will all generate over 10% income annually AFTER normal expenses.
Where else will you find that rate of return on your investment?
Serious Inquiries Only, Please.
