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The Klassen Group brokered by Salina Homes
115 S Lincoln St, Marquette, KS 67464
- $377,000
- 5,365
- SqFt
Listing courtesy of Listing Agent: Michael Piercy from Listing Office: Millwood Realty, Inc..
- List Price
- $377,000
- Status
- ACTIVE
- MLS#
- SCK676043
- Year Built
- 1987
- County
- Mcpherson
Property Description
Excellent investment opportunity! This 8-unit multifamily property offers immediate income with strong value-add potential. The property features eight one-bedroom, one-bath apartments currently renting for approximately $500–$550 per month and maintains solid occupancy. Each unit includes a refrigerator, range, private electrical meter, and its own exterior storage shed, providing convenience for both tenants and property management. Residents also enjoy access to common areas and shared laundry facilities. The property is currently undergoing minor renovations and updates, offering investors the opportunity to continue improving the asset while increasing long-term value. Whether you're expanding your portfolio or seeking a stable income-producing property with upside potential, this is an excellent opportunity to invest in a well-maintained multifamily property with room for future growth.
Additional Information
- Taxes
- $3,728
- Living Area
- 5,365
- Appliances
- Range, Refrigerator
- Heating
- Individual Unit
- Cooling
- Multi Units
- Construction
- Frame
- Roof
- Composition
- Elementary School
- Soderstrom
- Middle School
- Smoky Valley
- High School
- Smoky Valley
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