1016 South Cedar Street

Ottawa, KS 66067

$540,000
Price
—
Beds
2,811 Sq. Ft.
$192 / Sq. Ft.
2,811
Sq. Ft.
$192
per Sq. Ft.

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 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...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 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 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
  1. Listed by Peggy Reed • Crown Realty • 913-963-2944

Property Details for 1016 South Cedar Street

Zoning
R2
LISTING UPDATED: 07/09/2024 07:12 AM

Property Details for 1016 South Cedar Street

StatusActive
MLS #2480567
Days on Market215
Taxes$2,787 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeResidential Income / Package of Properties
Year Built1924
Lot Size0.26 AC / 11,250 SF
CountyFranklin County

Building Information for 1016 South Cedar Street

Stories2Residences2Year Built1924Lot Size0.26 AC / 11,250 SF

Property Information for 1016 South Cedar Street

Summary
Location and General Information
  • City: Ottawa
  • County Or Parish: Franklin, KS
  • Directions: I-35 S of 68 Hwy exit to 15th St exit*Turn right to Cedar St*N to address on the left-hand side of the road (there is a church parking lot just south of the property that you can park in off of the street).
  • Inside City Limits: Yes
  • Latitude: 38.602258
  • Longitude: -95.26632
  • MLS Area Major: 385 - Franklin County, KS
  • Zip Code: 66067
  • State Or Province: KS
  • Subdivision: Ottawa
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,787.00
  • Parcel Number: 131-01-0-20-21-013.00-0
  • Tax Annual Amount: $2,787.00
School Information
  • High School District: Ottawa
Parking
  • Garage: Yes
  • Parking Features: Detached
  • Parking Total: 1.0
Property
Lot Information
  • Building Area Total: 2811.0
  • Lot Size Area: 11,250.00
  • Lot Size Dimensions: 75x150
  • Lot Size Source: Public Records
  • Lot Size SqFt: 11,250.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Frame
  • Documents Available: Lease Agreements
  • Documents Count: 3
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: University Add., Block 12 Lot 14,16,18 Sec 01 Twp 17 Rge 19E (exact legal to be determined by title company & to appear on deed & title work)
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Listing Agreement: Exclusive Right To Sell
  • Photos Count: 38
  • Year Built: 1924
Utilities
  • Sewer: City/Public
  • Utilities: Multi-Unit Heat/Air
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Laundry Features: In Basement, Inside
  • Patio And Porch Features: Deck, Porch
  • Possession: Subject To Tenants Rights
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Natural Gas
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $28,500.00
  • Maintenance Provided YN: No
  • Operating Expense: $6,200.00
  • Operating Expense Includes: Insurance, Real Estate Tax, Water/Sewer
Unit 1
  • Unit Type: Unit Half Baths: 0
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Unit SQFT: 952
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 3 Bedroom
  • Unit Type: Units Total: 2
Unit 2
  • Unit Type: Unit Half Baths: 0
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 1
Rental
Rent Information
  • Current Occupancy Rate: Unknown-Verify
  • Deposit: Security 1st Title
  • Existing Lease Terms: Month To Month, One Year Lease

Property History for 1016 South Cedar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1016 South Cedar Street

Taxable ValueLand$5,281Additions$14,473Total$19,754
Tax Record2024$2,999 ($250 / month)
Home Facts
Baths2Total Finished SqFt1,817 SqFtAbove Grade Finished SqFt1,817 SqFtStories3Lot Size11,326 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningR2CountyFRANKLINAPN131-01-0-20-21-013.00-0

Schools near 1016 South Cedar Street

This home is within Ottawa School District.
Rating
School
Type
Grades
Distance
Garfield Elementary School
Public - PK to 5
Ottawa Sr High School
Public - 6 to 12
Ottawa Middle School
Public - 6 to 8
Sunflower Elementary School
Public - PK to 5
Rating
School
Distance
Garfield Elementary School
PublicPK to 5

Ottawa Sr High School
Public6 to 12

Ottawa Middle School
Public6 to 8

Sunflower Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1016 South Cedar Street, Ottawa, KS 66067

1016 South Cedar Street is for sale in Ottawa, KS 66067. This property was listed for sale on April 3, 2024 by Crown Realty, it's currently listed at $540,000. This listing's school district is Ottawa School District. Nearby schools include Garfield Elementary School, Ottawa Sr High School and Ottawa Middle School. 1016 South Cedar Street is a 0-bed, 0-bath, 2,811 sqft built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Crown Realty

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.