Skip to main content
Back to Search Results
|

111 S Erpelding Avenue, Leonardville, KS 66449

Show All 14 Photos
For Sale
Sale Pending

$375,000

16 beds • 11 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

This is your chance to buy one of the best performing apartment buildings you'll find in the Manhattan area. Priced at a 9.87% capitalization rate and 10.38% cash-on-cash with nearly every unit having been remodeled in the past five years. Current rent income is $4,075/mo with 10 of 11 units occupied. Unit breakdown is 6 1-bedrooms and 5 2-bedrooms with coin-op laundry on site leased through Jetz. Each unit pays a $50/month utility fee. Landlord pays water/sewer (billed back to tenants through RUBS), propane (5 year-old tankless central water heater is the only propane appliance in the building), trash, common area electric and lawn. Eight of the 11 units have PTAC units in each room while the three basement units have traditional electric central heat/air. 7 of the 8 upstairs units have been remodeled in the last five years. Basement units built out from the studs three years ago. Call Scott or Keith today for more info.
MLS# 20242805

Courtesy Of Alliance Realty

(785) 320-2828

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick

Map and Directions

Directions to 111 S Erpelding Avenue, Leonardville, KS 66449

Home seller CENTURY 21 Gold Team-REALTORS®

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Gold Team-REALTORS®

(785) 762-2521
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2024 Flint Hills Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading