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212 E Garfield Ave - Greensburg, KS Duplexes

4 Unit Apartment Building Offered at $779,581 CAD at a 5.65% Cap Rate in Greensburg, KS 67054

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Executive Summary

Income Property! Tax Revitalization! 3 years old! Take a look at these duplexes that all come in one package! There are 2 duplexes, 4 units. Each comes with 3 bedrooms and 2 bathrooms, including the master suite with a master bath and walk-in closet! Each unit has a large kitchen with an eating bar and is open concept to the dining area and living room! Each unit has an oversized 1-car garage that will fit a full-sized pickup or SUV! Each unit has a concrete patio with privacy fencing on each side. These duplexes are full and under lease, which will be transferred to the buyer. This is a fantastic opportunity to grow your investment assets. Call Kevin to schedule your showing today at 620-770-2381!

Residential Seller's Property Disclosure Statement - 414

greensburg duplex floor plan

Ks Housing MIH Income Range

206 - 212 E Garfield Info

Financial Summary (Actual - 2023)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$58,681	$8.29
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$58,681	$8.29
Taxes	$14,597	$2.06
Operating Expenses	-	-
Total Expenses	$14,597	$2.06
Net Operating Income	-	-

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual	$58,681
Annual Per SF	$8.29

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$58,681
Annual Per SF	$8.29

Taxes (CAD)
Annual	$14,597
Annual Per SF	$2.06

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$14,597
Annual Per SF	$2.06

Net Operating Income (CAD)
Annual	-
Annual Per SF	-

Property Facts

Price	$779,581 CAD	Property Type	Multifamily Multifamily Apartments
Price Per Unit	$194,895 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.47 AC
Cap Rate	5.65%	Building Size	7,080 SF
Sale Conditions	High Vacancy Property	Average Occupancy	100%
Gross Rent Multiplier	14.5	No. Stories	1
No. Units	4	Year Built	2020

Price	$779,581 CAD
Price Per Unit	$194,895 CAD
Sale Type	Investment
Cap Rate	5.65%
Sale Conditions	High Vacancy Property
Gross Rent Multiplier	14.5
No. Units	4
Property Type	Multifamily Multifamily Apartments
Building Class	C
Lot Size	0.47 AC
Building Size	7,080 SF
Average Occupancy	100%
No. Stories	1
Year Built	2020