Property Description

NEW PRICE IMPROVEMENT! Back on market thru NO fault of Seller. This amazing property is an extremely well-cared for 8 plex, which includes (2) buildings with (4) units each--having 4064 sq ft of living space per building and attached garage for each unit. Patio/slab style design-built in 2003. ADA compliant, currently these apartments are being managed utilizing the Kansas Low Income Housing Tax Credit (LIHTC) for tax advantages to the owner of the property. Rent Roll and much info for your due diligence is available from listing agent. Price is actually set below value to compensate for a few restrictions the property has in place for a period of time into the future, due to the Kansas guidelines. A successful buyer will just need to determine if it can stream into their investment design.Each apartment unit has 2 bedrooms, bathroom, kitchen, living room, laundry room, front porch area and attached garage. All appliances are included (range. refrigerator, microwave and dishwasher) plus washer & dryer. One building (4 plex) faces Indiana St, while the other (4 plex) faces 2nd St in Oswego, KS to occupy corner of block area--plus there is additional lot space at south end for more building, if desired. Utilities are split to each property. Owner currently provides lawn care and snow removal. Total electric. Very desirable property, 100% occupied. and long waitlist for opportunity to rent.

Property Features

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