408 Neosho Street

Burlington, KS 66839

$350,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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. The property features a diverse mix of income-generating...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. 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.     •    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 Airbnb 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. 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!
  1. Listed by Tai Troxell-Coons • TrustPoint Real Estate
    P: (620)-203-0395 C: (620)-203-0395 tai@trustpointservices.net

Property Details for 408 Neosho Street

Style
Side-by-Side
Subdivision
Other
Parking Spaces
20.00
LISTING UPDATED: 12/13/2024 07:01 PM

Property Details for 408 Neosho Street

StatusActive
MLS #237274
Days on Market5
Taxes$1,845 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Apartment Building
Year Built1900
Lot Size0.00 AC / 0 SF
CountyCoffey County

Building Information for 408 Neosho Street

Stories-Residences10Year Built1900Building Size-Lot Size0.00 AC / 0 SF

Property Information for 408 Neosho Street

Summary
Location and General Information
  • Directions: From HWY 75 turn west on Neosho, property on the north side of the road
School Information
  • Elementary School: Burlington Elementary School/USD 244
  • Middle Or Junior School: Burlington Middle School/USD 244
  • High School: Burlington High School/USD 244
Taxes and HOA
  • Gen Tax (est): 1844.76
  • Spec Tax (est): 0
  • Tax Annual Amount: $1,844.76
  • Tax Assessed Value: $7,200.00
  • Parcel Number: 001-104233
Property
Lot Information
  • Approx Age: 30
  • ApproxSqFtImprovements: 3894
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
Property and Assessments
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Flood Zone: Unknown
  • Balance of Specials (est): 0
  • PO Yr on Specials: 0
  • Approx Year Built: 1900
  • Assessed Imp Value: 93270
Utilities
  • Are Utilities On: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
  • Number Of Units Vacant: 2
  • Number Of Units Occupied: 8
Rental
Rental Information
  • Available For LeaseYN: No
  • Number Of Units Leased: 8

Property History for 408 Neosho 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 408 Neosho Street

Taxable ValueLand$1,120Additions$14,872Total$15,992
Tax Record2023$1,873 ($156 / month)
Home Facts
Total Finished SqFt6,294 SqFtAbove Grade Finished SqFt6,294 SqFtStories2Lot Size12,197 SqFtStyleStoresYear Built1900CountyCOFFEYAPN138-27-0-10-20-007.00-0

Schools near 408 Neosho Street

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Burlington Elementary School
Public - PK to 4
Burlington Middle School 5 - 8
Public - 5 to 8
Burlington High School
Public - 9 to 12
Rating
School
Distance
Burlington Elementary School
PublicPK to 4

Burlington Middle School 5 - 8
Public5 to 8

Burlington High School
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Burlington

Neighborhoods

Cities

ZIPs

More information about 408 Neosho Street, Burlington, KS 66839

408 Neosho Street is a multi-family home for sale in Burlington, KS 66839. This property was listed for sale on December 8, 2024 by TrustPoint Real Estate, it's currently listed at $350,000. This listing's school district is Burlington School District. Nearby schools include Burlington Elementary School, Burlington Middle School 5 - 8 and Burlington High School. 408 Neosho Street is a 0-bed, 0-bath, multi-family home built in 1900.

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 TrustPoint Real Estate

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.