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Listed by Tai Troxell-Coons • TrustPoint Real Estate
$350,000
Est. payment /mo
6,000 Sqft Lot
Active
408 Neosho ST Burlington, KS 66839
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UPDATED:
01/09/2025 11:57 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2524611
Originating Board hmls
Year Built 1900
Annual Tax Amount $1,844
Lot Size 6,000 Sqft
Acres 0.13774104
Property Sub-Type Apartment
Property Description
Prime Investment Opportunity in Downtown Burlington
Unlock the potential of this incredible investment property, located in the heart of downtown Burlington! This vibrant area ensures high demand and excellent visibility for both residential and commercial tenants. The property features a diverse mix of income-generating spaces:
• Seven Residential Apartments: A mix of 1- and 2-bedroom units with stable, long-term tenants in a desirable location.
• One Commercial Office Space: Perfect for a small business or professional services, offering excellent foot traffic and steady rental income.
• Large Multi-Purpose Unit (70% Complete, materials included with sale): The crown jewel of this property, this expansive space is brimming with possibilities. Finish it as a 12-person short term rental to capitalize on downtown's short-term rental demand, or transform it into a spacious 2-bedroom long-term apartment for consistent income.
Additional property highlights:
• Situated in Burlington's bustling downtown area
• Ample parking for tenants and visitors.
• Strong rental history and significant income potential.
This versatile property is a rare find in Burlington's thriving real estate market. Whether you're looking to expand your portfolio or start a new venture, this downtown gem offers flexibility, location, and profitability.
Don't miss out – schedule your showing today!
Unlock the potential of this incredible investment property, located in the heart of downtown Burlington! This vibrant area ensures high demand and excellent visibility for both residential and commercial tenants. The property features a diverse mix of income-generating spaces:
• Seven Residential Apartments: A mix of 1- and 2-bedroom units with stable, long-term tenants in a desirable location.
• One Commercial Office Space: Perfect for a small business or professional services, offering excellent foot traffic and steady rental income.
• Large Multi-Purpose Unit (70% Complete, materials included with sale): The crown jewel of this property, this expansive space is brimming with possibilities. Finish it as a 12-person short term rental to capitalize on downtown's short-term rental demand, or transform it into a spacious 2-bedroom long-term apartment for consistent income.
Additional property highlights:
• Situated in Burlington's bustling downtown area
• Ample parking for tenants and visitors.
• Strong rental history and significant income potential.
This versatile property is a rare find in Burlington's thriving real estate market. Whether you're looking to expand your portfolio or start a new venture, this downtown gem offers flexibility, location, and profitability.
Don't miss out – schedule your showing today!
Location
State KS
County Coffey
Zoning C-1
Interior
Heating Electric, Natural Gas
Cooling Electric, Window Unit(s)
Fireplace N
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Master Meters
Roof Type Synthetic
Building
Story 2
Sewer City/Public
Water Public
Structure Type Brick,Wood Siding
Schools
Elementary Schools Burlington
School District Burlington
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
