593 N Somerset Terrace
Olathe, KS 66062
- – beds
- – baths
- – sqft
- ~2 acre lot
- 1984 build
- – on site
More homes
Look no further, this turn-key 8 plex conveniently located in the heart of Olathe is in a great location and ready to cash flow. Consisting of eight 1-bed/1-Bath units this building is set to have new siding and windows installed in the coming months and will be ready for some major rent rises in the near future. Seven of the eight units have washer/dryer hook-ups inside the unit (none currently have washer/dryer in them). Rents are almost all below market and if washer/dryer added all the rents can be increased significantly. Mechanicals range from 10+ years old to newly replaced: hot water heaters, window AC/Heat (no central HVAC), refrigerator, oven/range and all units have been renovated within the last 8 years. HOA provides lawn care, snow removal & trash service. Roof is approx. 10 years old. Do not hesitate to offer on this one while you can!
Listing courtesy of HMLS / Chartwell Realty LLC
Last checked:
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Last updated Nov 3, 2024
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MLS# 2370947 —
The Building
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Year Built:1984
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Age Description:31-40 Years
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Construction Materials:Other
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Roof:Composition
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Basement:false
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Security Features:Smoke Detector(s)
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Unit Type:1 Bedroom
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# of Units Total:8
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Stories Total:2
Location
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Directions:135th & Murlen, North on Murlen to Somerse (w) to the middle Building.
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:DP13500000-0T0D
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Lot Size SqFt:73998
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Lot Size Area:73998
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Lot Size Units:Square Feet
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Zoning:N/A
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In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (816) 699-1713
- Office phone:
- (816) 877-8700
Taxes
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Tax Total Amount:5293
Heating & Cooling
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Cooling:Heat Pump, Window Unit(s)
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Cooling:false
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Heating:Heat Pump
Utilities
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Utilities:Cent Water Heater, Ind Heat And Air, Ind Water Heaters, Multi-Unit Heat/Air, Other
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Sewer:City/Public
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Water Source:Public, Private Meter
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Telecom:High Speed Internet - Available
Schools
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Elementary School:Indian Creek
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Middle Or Junior School:Pioneer Trail
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High School:Olathe East
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High School District:Olathe
The Community
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Subdivision Name:Other
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Association:true
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Association Fee:217
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Association Fee Frequency:Monthly
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Type Of Management:Owner Manager
Parking
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Garage:false
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Parking Features:Off Street
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/14
Jun 11, 2014
|
HMLS | $335,000 |