Welcome to 517 N 12th Street, a beautifully updated triplex in the heart of Leavenworth! This fantastic investment opportunity features three modern units, two of which are currently occupied, providing immediate rental income. Each unit has been meticulously renovated with brand new flooring, stylish cabinets, and contemporary vanities, ensuring a fresh and inviting atmosphere for residents. The attention to detail in these updates makes this property a standout in the market. Located in a desirable neighborhood, this triplex offers the perfect blend of comfort and convenience. Don’t miss your chance to invest in a fully updated multifamily property with a strong rental history. Schedule a viewing today! 1031 Eligible, Cash, VA, FHA, Conventional financing eligible. *Owner/Agent*
INVESTMENT OPPORTUNITY! Very clean, east to rent, updated throughout, washer & dryers in each unit and still room to increase rents!! All bills paid by tenants (minus trash, but would easy to add back to tenants)! Professionally managed! Cash flowing rental and an easy keeper! Rare opportunity to add a multi-family unit to your portfolio! Current owners have increased cash flow by over $22k per year already, and there's still room!
This duplex has a one bedroom/one bathroom unit that is past its one year lease term and is currently on a month-to-month basis at $995/month. The one bedroom unit would be perfect for the new owner to occupy or choose to keep on the current tenant. The second unit has four bedrooms and 1.5 bathrooms. This tenant is on a lease that expires March of 2025. The tenant would like to stay on and currently pays $1250/month. BOTH units are updated throughout! All utilities are paid by the tenants. Individual meters. Full basement that is accessible from the exterior of the home features additional washer/dryer hookups and plenty of additional storage space. Please text the listing agent for virtual tour videos!
Who is looking to flip a duplex?! This property is recently vacant and each unit is a spacious 2 bedroom, 1 bath with its own laundry and separate utilities. Bring your ideas and turn this into a money maker! Being sold AS-IS.
SEE offering Memorandum in Supplements for more information! CHECK out this Opportunity to scale your investment goals with a modest out of pocket down payment and generous lease to own terms. As a new operator you can realize the potential of this well built unique and beautiful asset. Multiple income streams possible as Student Housing, Military Housing, Boutique Hotel and Residences. This Unique Apartment Building Opportunity in Historic Leavenworth, KS is currently operating as a mix-use hotel & apartment building, this property offers the extraordinary potential to be transformed into a thriving residential community with 45 mix-use units. The Leavenworth Local is perfectly positioned within a vibrant and revitalized community. The surrounding downtown district blends historic charm with contemporary developments, offering residents easy access to boutique shops, popular dining, and cultural attractions. This central location provides convenient access to major roadways and public transportation, making it an ideal living space for those who appreciate convenience and a lively neighborhood. Versatile Amenities: The building is equipped with a range of amenities designed to enhance resident experience, including a salon, bar, auditorium, gym, and pickle ball court. Modern Utilities: Each unit features electric mini splits for heating and air conditioning, individual hot water heaters, and access to a leased laundry facility. WiFi is provided through a service contract, ensuring convenience for all residents. Sustainable Energy: The property benefits from a solar buy-back agreement, contributing to energy efficiency and appealing to environmentally-conscious tenants. Seller to provide amortization schedule.
The median home value in Leavenworth, KS is $213,600. This is lower than the county median home value of $284,800. The national median home value is $338,100. The average price of homes sold in Leavenworth, KS is $213,600. Approximately 43.82% of Leavenworth homes are owned, compared to 45.81% rented, while 10.37% are vacant. Leavenworth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Leavenworth real estate agent to arrange a tour today!
Leavenworth, Kansas has a population of 37,216. Leavenworth is less family-centric than the surrounding county with 34.2% of the households containing married families with children. The county average for households married with children is 35.38%.
The median household income in Leavenworth, Kansas is $63,260. The median household income for the surrounding county is $80,853 compared to the national median of $69,021. The median age of people living in Leavenworth is 36.9 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 39.7 inches per year, with 17.7 inches of snow per year.