$246,000
$275,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
108 & 110 E 5th Hutchinson, KS 67501
3,024 SqFt
Key Details
Sold Price $246,000
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $81
MLS Listing ID SCK632870
Sold Date 01/18/24
Style Townhouse
Total Fin. Sqft 3024
Originating Board sckansas
Year Built 1900
Annual Tax Amount $3,472
Tax Year 2022
Lot Dimensions 15246
Property Sub-Type Four to Sixplex
Property Description
What an amazing opportunity to own two multi-family units near downtown Hutchinson! Featuring one duplex and a 5-unit townhome, these units offer off-street, paved parking, fencing, and a terrific location! 108 - Each unit offers two bedrooms and one bathroom, full bathroom with a tub/shower combo, a living room, a kitchen with transferring refrigerator, dishwasher, and oven/range, and basement laundry. Both units of 108 are tenant occupied on a month-to-month basis, renting for $400 & $350, giving an annual income of $9,000. 110 - This multi-family home offers five two-story, 1-bedroom townhome units. Each unit has a living room, kitchen with transferring refrigerator and oven/range, and a half bathroom on the main floor. Upstairs is a bedroom with a walk-in closet and a full bathroom. The partially finished basement includes a family room, storage, and laundry connections. Four units are currently tenant occupied on a month-to-month basis, renting two for $450 and two for $475, giving an annual income of $22,200. With a current annual income of $31,200, and the opportunity for more, this is an incredibly investment opportunity you don't want to miss!!!
Location
State KS
County Reno
Direction (Hutchinson) 5th St. & Main St. - East on 5th St.
Rooms
Basement Partially Finished
Interior
Heating Central Electric, Central Gas
Cooling Central Electric
Flooring Carpet, Other - See Remarks
Fireplace No
Appliance Dishwasher, Range/Oven, Refrigerator
Heat Source Central Electric, Central Gas
Exterior
Garage Description 1 per Unit, Paved, Street Parking
Utilities Available Gas, Public Water, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 4
Building
Unit Features [{\"UnitTypeActualRent\":450475,\"UnitTypeBedsTotal\":5,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK632870Group_1\"},{\"UnitTypeActualRent\":350400,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK632870Group_2\"}]
Architectural Style Townhouse
Structure Type Frame,Vinyl
Schools
Elementary Schools Faris
Middle Schools Hutchinson
High Schools Hutchinson
School District Hutchinson Public Schools (Usd 308)
Others
Security Features Fenced
Financing Other
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