0 Beds

n/a Full bath

n/a SqFt

Active

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 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.     •    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!

Property Details
Price $350,000
Property Style Side-by-Side
Lot Size Area 0.28
Lot Size Area Units Acres
Property Type MultiFamily
Sub type Apartment
MLS Sub type Apartment
Year Built 1900
Subdivision Other
Parking Spaces 20
Geographic Data
Directions From HWY 75 turn west on Neosho, property on the north side of the road
County Coffey County
Latitude 38.194918
Longitude -95.739246
Address Information
Address 408 Neosho St, Burlington, KS 66839
Postal Code 66839
City Burlington
State KS
Country United States
Listing Information
Listing Office TrustPoint Real Estate
Listing Office Phone 620-364-5665
Listing Office Email [email protected]
Listing Agent Tai Troxell-Coons
Listing Agent Phone 620-203-0395
School Information
Elementary School Burlington Elementary School/USD 244
Middle School Burlington Middle School/USD 244
High School Burlington High School/USD 244
MLS Information
Days on market 5
MLS Status Active
Listing Date Dec 8, 2024
Listing Last Modified Dec 14, 2024
Tax ID 001-104233
Tax Annual Amount 1844
MLS # SUN237274

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This information is believed to be accurate, but without any warranty.