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Listed by Peggy Reed • Crown Realty
$540,000
Est. payment /mo
0.72 Acres Lot
Active
115 E 5th ST Ottawa, KS 66067
UPDATED:
06/25/2024 03:12 PM
Key Details
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Active
Purchase Type For Sale
Subdivision Ottawa
MLS Listing ID 2480574
Originating Board hmls
Year Built 1950
Annual Tax Amount $3,748
Lot Size 0.716 Acres
Acres 0.7161157
Lot Dimensions 127x150
Property Description
Investor's Alert! Great opportunity to own two converted dwellings in the charming town of Ottawa KS*115 E 5th St includes an extra lot (would require a lot split to be sold separately)*This unique building has not only two 2 bedroom, 1 bath apartments but also includes two commercial units conveniently located near downtown shopping and dining*There is an attached garage which adjoins the west side commercial unit offering a large open reception area, three offices, two half baths and a kitchenette*The east side commercial unit was previously a bakery with a kitchen, pantry and half bath*The main floor 2 bedroom 1 bath residential apartment is accessed from the front porch and includes an extra non-conforming bedroom (no closet) with access to a full basement for storage and as a storm shelter*Upstairs residential unit has a great view of local park from the upper balcony*This is a 2 bedroom (one is non-conforming without a closet) 1 bath apartment with fresh paint and new carpet* 1016 S Cedar is located directly across from Ottawa University*This multi-family property has three units with a new HVAC system installed in 2024*Current lease on the main level includes the basement apartment in one lease (expires July 2025)*The main level apartment is accessed off the back covered porch*This is a 2 bedroom, 1 bath unit with laundry hook-ups*The 1 bedroom 1 bath basement apartment with laundry hookups is accessed through the side door off the driveway*The upstairs unit is accessed from the charming front porch of the home*This property also includes a detached garage*
Location
State KS
County Franklin
Zoning r2
Interior
Heating Other
Cooling Window Unit(s)
Fireplace N
Exterior
Garage true
Utilities Available Multi-Unit Heat/Air
Roof Type Composition
Building
Story 2
Sewer City/Public
Water Public
Structure Type Frame
Schools
School District Ottawa
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional