503 E Park St Olathe, KS 66061

Listing details for 503 E Park St, Olathe, KS 66061 : *FULLY OCCUPIED 4 PLEX RESIDENCE*GREAT CURB APPEAL*LOCATED IN GREAT, QUIET AREA JUST A FEW BLOCKS FROM DOWNTOWN OLATHE*DIAGONALLY ACROSS FROM DEAF SCHOOL*HOME WAS CONVERTED YRS AGO INTO MULTI FAMILY UNITS*1 BDRM APT*1 STUDIO APT*2 BDRM APT*2-3 BDRM APT*DETACHED GARAGE FOR STORAGE*YARD IS PRIVACY FENCED ON 2 SIDES*LARGE BACKYARD*GARDEN SPOT*NICE PATIO OFF DINING RM OF UNIT #4*FRONT COMMON AREA ENTRY FOR UNITS 1 & 2 + CUTE FRONT PORCH*SEPERATE ENTRY FOR UNITS 3 & 4*SHARED DRIVEWAY W/LOTS OF PARKING NEXT TO RESIDENCE*UNIT #4 HAS WASHER/DRYER-NO OTHER UNITS HAVE WASHER/DRYER HOOKUPS*ALL UNITS HAVE PROVIDED REFRIGERATORS & STOVE/OVENS*ALL HAVE SEPARATE FURNACE, AC, HOT WATER HTRS & EACH PAY THEIR OWN INDIVIDUAL UTILITIES + EACH PAY FOR THEIR OWN TRASH P/U*UNIT 1 & UNIT 4 SHARE WATER/$50 PD FROM UNIT 1 TO UNIT 4 MONTHLY*METAL ROOF*VINYL SIDING*COMPLETE NEW SIDEWALK*CURRENT OWNER IS MANAGER & OCCUPIES UNIT #4 & IS WANTING TO STAY/RENT BACK FOR 1-1.5 YRS AFTER CLOSING IF POSSIBLE*STUDIO APT HAS WINDOW AC & WALL FURNACE/ALL OTHER UNITS HAVE CENTRAL HVAC*ALL UNITS ARE NICE INSIDE, HAVE CEILING FANS, CARPET, WOOD FLOORING, VINYL OR TILE*TONS OF NATURAL LIGHT IN EACH UNIT*THIS IS A VERY CLEAN, WELL MAINTAINED, OWNER/OCCUPIED PROPERTY THAT HAS BEEN WELL TAKEN CARE OF*OWNER IS DOING A 1031 TAX EXCHANGE FROM THIS PROPERTY TO ANOTHER PROPERTY OUT OF STATE & SELLER CANNOT CLOSE UNTIL END OF MAY 2022, OR LATER*TENANT OCCUPIED & SUBJECT TO TENANTS CURRENT LEASES*PLEASE NOTE: WE KNOW RENTS ARE LOW & SELLER RECENTLY RAISED THEM FOR THE 1ST TIME IN QUITE AWHILE*UNIT #1 RENT IS $700/MONTH. UNIT #2 RENT IS $700/MONTH. UNIT #3 RENT IS $550/MONTH*