Listed By:
Crown Realty
Address
115 E 5th Street, Ottawa, KS
Price
$ 540,000
Property Attributes
  • MLS#2480574
  • TypeMulti-Family
  • CountyFRANKLIN - KS
  • CityOttawa
  • Area385 - Franklin County - KS
  • NeighborhoodOttawa
  • Zip66067
  • Style
  • Year Built1950
  • Taxes$ 3748
  • Price$ 540,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.716116 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Investor's Alert! Great opportunity to own two converted dwellings in the charming town of Ottawa KS*1016 S Cedar is located directly across from Ottawa University*This multi-family home offers the possibility of converting it to a tri-plex*Both the main level unit and the basement unit are accessed from the side entry door*Turn right to access the main level 2 bedroom, 1 bath unit with laundry hook-ups*Turn left to access the one bedroom, one bath basement unit with kitchenette and laundry hook-ups*There is not a door separating the main level unit from the basement unit but this could be remedied*The upstairs unit is accessed from the charming front porch of the home*There is a detached garage included*115 E 5th St includes an extra lot with lots of possibilities on what can be built here*Check with the City on options*This unique building has not only two 2 bedroom, 1 bath units but it also includes two commercial units that are vacant and ready to lease out and an attached garage with the possibility of renting out as a storage unit if it is closed off from the adjoining commercial space*Previous mortgage area has a couple of offices and a kitchenette and two bathrooms*Bakery side has a bathroom, kitchen and pantry*Upstairs units at both properties are available for immediate occupancy allowing the investor to make any improvements and capitalize on future rents.

Price History
4/3/2024 Listed $540,000

General Features

Sewer City/Public
Heating Other
Cooling Window Unit(s)
Utilities Multi-Unit Heat/Air
Possession Subject To Tenants Rights
Roof Composition
Zoning r2
Patio/Porch Features Porch
Construction Materials Frame
Year Built 1950
Property SubType Package of Properties
County Franklin,KS
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Ottawa
Garage Y/N Yes
Status Active
Directions 68 Hwy West of Paola to Main St*S to 5th St*East to property on the N side
City Ottawa
High School District Ottawa
Total Units 4
MLS Area 385 - Franklin County,KS
Lot Size Square Feet 31194
Street Name 5th
Listing Terms Cash,Conventional
Public Remarks Investor's Alert! Great opportunity to own two converted dwellings in the charming town of Ottawa KS*1016 S Cedar is located directly across from Ottawa University*This multi-family home offers the p
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Street Suffix Street
Unit Type 2 Bedroom,Other Unit

Exterior Features

Parking Features Attached,Garage
Water Source Public
Total Parking 1
Lot Size Area 31194
Lot Dimensions 127x150
Road Surface Type Paved
Lot Size Units Square Feet
Road Responsibility Public Maintenance

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 66067

Price
AVG $340K
$540K
Taxes
AVG $2,382
$3,748
Visits
AVG 140
202
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1950

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