408 Neosho St, Burlington, KS 66839 (MLS # 237274)
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Prime Investment Opportunity in Downtown Burlington Unlock the potential of this incredible investment property, located in the heart of downtown Burlington! This vibrant area ensures high demand and excellent visibility for both residential and commercial tenants. The property features a diverse mix of income-generating spaces: "¢ Seven Residential Apartments: A mix of 1- and 2-bedroom units with stable, long-term tenants in a desirable location. "¢ One Commercial Office Space: Perfect for a small business or professional services, offering excellent foot traffic and steady rental income. "¢ Large Multi-Purpose Unit (70% Complete, materials included with sale): The crown jewel of this property, this expansive space is brimming with possibilities. Finish it as a 12-person Airbnb to capitalize on downtown's short-term rental demand, or transform it into a spacious 2-bedroom long-term apartment for consistent income. Additional property highlights: "¢ Situated in Burlington's bustling downtown area "¢ Ample parking for tenants and visitors. "¢ Strong rental history and significant income potential. This versatile property is a rare find in Burlington's thriving real estate market. Whether you're looking to expand your portfolio or start a new venture, this downtown gem offers flexibility, location, and profitability. Don't miss out - schedule your showing today!
| DAYS ON MARKET | 15 | LAST UPDATED | 12/9/2024 |
|---|---|---|---|
| TRACT | Other | YEAR BUILT | 1900 |
| COUNTY | Coffey | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Burlington Elementary School/USD 244 |
|---|---|
| Jr. High School | Burlington Middle School/USD 244 |
| High School | Burlington High School/USD 244 |
| ADDITIONAL DETAILS | |
| LOT | 0.28 acre(s) |
|---|---|
| STYLE | Side-by-Side |
| SUBDIVISION | Other |
| TAXES | 1844.76 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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