728 Rhode Island, Lawrence, KS 66044

Back to Website: 728RhodeIsland.IsForSale.com

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Status:Active

MLS #:728728

Price:$ 400,000

Beds:6

Baths:4 Baths (4 F)

Type:Multi-Family

Size:2,071 ft²

Features

6BR, 4BA, 2071 sqft, 1875 Built to Last After Quantrill’s Raiders burned houses
2 blocks from downtown, close to KU,
Live in all 4 units OR Live in 1 unit & rent other 3 & live for FREE or almost FREE
OR Cash Flow After Taxes If Renting all 4 - 785-393-2274 for video walkthroughs
At $100,000/Unit Lowest Priced Lawrence 4plex at MLS entry

Remarks

Let me show you how you can live here for almost free by renting out the other 3 units. Live 2 blocks from downtown in this 1875 Old East Lawrence converted home with 6 Bedrooms and 4 Baths currently being used to house 4 tenants as a 4plex. Built to Last After Quantrill’s Raiders burned houses. High Rents=great investment-tenants pay more to live 2 blocks off downtown if you’re an investor looking for a multifamily. Live in all 4 units OR Live in 1 unit & rent other 3 & live for FREE or almost FREE OR Cash Flow After Taxes If Renting all 4. Popular location of a block or so from Farmer’s Market and 2 blocks from downtown. About $40,000 in annual rents. At $100,000/Unit This Is the Lowest Priced Lawrence 4plex at MLS entry. Text Rob Lang 785-393-2274 for video walkthrough of units and list of maintenance items.

Text Rob Lang 785-393-2274 for showings and give your info and day and time more than 24 hour notice please due to each of the 4 units having tenants Occupied, Text Agent, Make Appointment, Tenants Rights. Expenses are variable due to utilities included. $620 + $730 + $845 + $935 = $3190 $38,280 in annual rents.