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Listed by Tai Troxell-Coons • TrustPoint Real Estate
$325,000
Est. payment /mo
6,000 Sqft Lot
Active
408 Neosho ST Burlington, KS 66839
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Mike Grbic
mikegrbicbroker@chime.meUPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2525416
Year Built 1900
Annual Tax Amount $1,844
Lot Size 6,000 Sqft
Acres 0.13774104
Property Sub-Type Other
Source hmls
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 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!
Location
State KS
County Coffey
Zoning C-1
Interior
Fireplace N
Exterior
Utilities Available Electricity Available
Building
Story 2
Structure Type Brick,Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Mike Grbic