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Glasco Apartments 410 N Fisher St 8 Unit Apartment Building $299,900 ($37,488/Unit) Glasco, KS 67445

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INVESTMENT HIGHLIGHTS

  • Low maintenance Brick exterior
  • Just off of US Highway 24

EXECUTIVE SUMMARY

Income-Generating FULLY RETNED 8-Unit Apartment Complex on Prime 0.66-Acre Lot Discover a fantastic investment opportunity with this well-maintained 8-unit apartment complex, strategically located just off Highway 9. Situated on a generous 0.66-acre lot, this property features two brick structures, offering a total of 8 rental units. Property Highlights: Prime Location: Conveniently positioned just off Highway 9, providing easy access to major routes and local amenities. Spacious Lot: The property spans 0.66 acres, allowing ample space for tenant parking and outdoor activities. Two Brick Structures: Main Complex: 6 well-maintained units Secondary Complex: 2 additional units Recent Upgrades: Both buildings feature recently replaced roofs, ensuring durability and low maintenance. Parking Facilities: Includes a large carport with multiple parking stalls and tenant-reserved spaces, enhancing convenience for residents. Income Generation: Currently generating steady rental income, with tenants responsible for electric bills while the landlord covers water, trash service, and lawn care. Climate Control: Each unit is equipped with wall-mounted AC units and baseboard heating for year-round comfort. Shared Amenities: A coin-operated laundry room is available for tenant use, featuring a washer and dryer. Maintenance: Low-maintenance property with recent roof replacements and ongoing landlord-provided services. Additional Information: Floodplain: Please note that the property is located within a floodplain. This apartment complex offers a solid investment with stable income potential and essential amenities for tenant satisfaction. Don't miss out on this exceptional opportunity-contact us today for more details or to schedule a viewing!

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $3,520 $0.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $3,520 $0.68
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $3,520
Annual Per SF $0.68
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $3,520
Annual Per SF $0.68
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $299,900
Price Per Unit $37,488
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.64 AC
Building Size 5,196 SF
No. Stories 1
Year Built 1970

AMENITIES

SITE AMENITIES

  • Courtyard
  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $400.00 594 - 668

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
166-14-0-10-01-008.00-0
Land Assessment
$117 (2025)
Improvements Assessment
$7,064 (2025)
Total Assessment
$7,181 (2025)
  • Listing ID: 33171588

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 410 N Fisher St, Glasco, KS 67445

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