2820 Massachusetts AVE, Topeka, KS 66605

$290,000

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List Price
$290,000
Days on Market
0
Status
ACTIVE
MLS#
247143
Style
Converted House
Year Built
1935

Property Description

Five units on one lot in SE Topeka. The property is a triplex plus a separate duplex garlow, with plenty of off street parking. Exterior updates include new siding, trim, windows, and roof. Unit mix is two 1 bedrooms and three 2 bedrooms. Three units have been completely remodeled and a fourth has had updates. The fifth unit is a 1 bedroom scheduled for a full remodel. Four units are leased, with terms running into 2027. Current rent on the four leased units is $3,300 per month. With the fifth unit leased at a projected $750, total potential rent is $4,050 per month, or $48,600 per year. Owner pays water, trash, gas, and electric. Professional management is currently in place. Rent roll, leases, and operating statement are available to qualified buyers. Tenants occupied. Please do not disturb tenants. Showings require 24 hour notice.

Additional Information

County
Shawnee County
Subdivision
Highland Park
Taxes
$3,213
Sewer
Public Sewer
Elementary School
Highland Park Central Elementary School/USD 501
Middle School
Eisenhower Middle School/USD 501
High School
Highland Park High School/USD 501

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Listing courtesy of KW One Legacy Partners, LLC.