Bought with RESOURCE Real Estate Group
$999,900
$999,900
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12 Beds
12 Baths
0.34 Acres Lot
SOLD DATE : 05/14/2025
Key Details
Sold Price $999,900
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20251270
Sold Date 05/14/25
Bedrooms 12
Full Baths 12
Year Built 1971
Annual Tax Amount $9,199
Tax Year 2024
Lot Size 0.344 Acres
Property Sub-Type Multi Family
Source flinthills
Property Description
Incredible opportunity to own a 12-unit garden-style apartment complex right next to campus! This well-located property features two buildings with six units each, offering a strong unit mix and private decks on both the top and middle floors. A large central courtyard provides a great common space for tenants to enjoy. With gross monthly income over $9,000 and fully rented through July 2026, this property offers immediate, stable cash flow. The unbeatable location near the university ensures strong rental demand year-round. Plus, there's still room to improve rents and overall performance. Whether you're expanding your portfolio or getting started in multifamily, this one checks all the boxes: walkable location, steady returns, and serious value-add potential. Don't miss your chance to secure a prime investment in the heart of Manhattan!
Location
State KS
County Riley
Rooms
Basement Walk-Up Access, Finished
Interior
Interior Features Eat-in Kitchen, Primary Bathroom, Primary Bedroom Walk-In Closet
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplaces Type None
Exterior
Fence None
Pool None
Utilities Available City Water, Electricity Available, Natural Gas Available, Parking, Trash, Water Available
Roof Type Architecture Dimensioned,Asphalt,Less than 5 years
Building
Sewer Public Sewer
Structure Type Brick
Schools
School District Manhattan-Ogden Usd 383
Others
Pets Allowed Yes
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