$177,000
$185,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
505 N 4th St Arkansas City, KS 67005
2,924 SqFt
Key Details
Sold Price $177,000
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $60
MLS Listing ID SCK627274
Sold Date 09/29/23
Style Other
Total Fin. Sqft 2924
Originating Board sckansas
Year Built 1910
Annual Tax Amount $1,954
Tax Year 2022
Lot Dimensions 13200
Property Sub-Type Four to Sixplex
Property Description
This beautifully remodeled 4-plex is in a good location on a large corner lot in a quiet neighborhood 6 blocks from Cowley County. All four 1BR/1BA units have been updated. Property is very unique in this market where rental demand is high. Vacancies fill quickly, and tenants often stay multiple years. Property is in good condition and requires relatively low maintenance. Local handyman is available and familiar with the property. Owner pays water, gas for water heater, lawn maintenance, and pest control. A washer & dryer are provided in the large, unfinished basement, accessible to all tenants. Detached garage is currently used for storage. There is upside potential through improved operations and increased rents.
Location
State KS
County Cowley
Direction From N Summit Drive (main business road in town), turn west on W Vine Ave. next to Dillons. Go 4 blocks west to arrive at the property.
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Window Unit(s)
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Range/Oven, Refrigerator, Washer, Dryer
Heat Source Natural Gas
Exterior
Garage Description Paved, Street Parking, Detached Garage
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 2
Building
Unit Features [{\"UnitTypeActualRent\":530,\"UnitTypeBedsTotal\":4,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK627274Group_1\"}]
Architectural Style Other
Structure Type Frame
Schools
Elementary Schools Adams
Middle Schools Arkansas City
High Schools Arkansas City
School District Arkansas City School District (Usd 470)
Others
Financing None
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