For additional info: http://www.ozrents.com/FOR-SALE.html 207 & 211 E. Main, OSAWATOMIE, KS (Miami County) Approximately 27 miles South of Olathe, KS 4-plex and single-family home on separate lots being sold together, or a buyer can purchase the 4-plex individually. The properties are on 2 different lots. Seller WILL sell the 4-plex by itself or a buyer can buy both as a package. (NOTE: Seller will NOT sell the house individually.) Total package price: $214,000 = 4-plex: $135,000 House: $79,000 The property sits on a corner, commercial lot. A pharmacy and a doctor's office are located beside and across the street from the property. 4-plex consists of 2 ground floor units and 2 basement units. (Three 2BR/1BA units and one 1BR/1BA unit). 2 apartments are recently remodeled with new carpeting/paint etc. and are currently vacant for showing ease. The remaining 2 units and house are tenant occupied. Rental income of 4-plex: $1,760 The house (211 E. Main) is a 3 BR/1 BA home. It is tenant occupied. Roof is brand new this month. Rental Income of Home: $505 Total Income for both properties: $2265 4-Plex priced at $135,000, Home priced at $79,000 Total List price for property package (Must sell together): $214,000 Don't miss this investment opportunity. Highly desirable commercial lot adds huge potential as an investment while bringing in rental income. Rents are low in comparison to the area as they have not been raised in several years except to compensate for tax/trash expenses. This is being sold "AS IS". Inspections for potential buyers informational purposes only. Some TLC needed on upstairs units (new carpet, paint, etc). Sellers are looking to downsize rental business after 35+ years in the area. Showings must be requested as units are tenant occupied.
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