Olathe, KS 66061,503 E PARK ST
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Olathe, KS 66061,503 E PARK ST
Olathe, KS 66061,503 E PARK ST
Olathe, KS 66061,503 E PARK ST
Olathe, KS 66061,503 E PARK ST
Listed by Corrina Hauer • Realty Executives

$425,000

Est. payment /mo
Est.Price: ?

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503 E PARK ST Olathe, KS 66061

0.37 Acres Lot

SOLD DATE : 06/30/2022

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Hayes Addition

MLS Listing ID 2364794

Sold Date 06/30/22

Year Built 1915

Annual Tax Amount $3,000

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 60x271

Property Sub-Type Quadruplex

Source hmls

Property Description

*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*

Location

State KS

County Johnson

Zoning Multi

Interior

Interior Features Common Entry, Private Entry, Prt Window Cover

Heating Electric, Natural Gas, Wall Furnace

Cooling Electric, Window Unit(s)

Fireplace Y

Appliance Dryer, Exhaust Hood, Microwave, Refrigerator, Built-In Electric Oven, Gas Range, Washer

Exterior

Parking Features true

Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters

Roof Type Metal

Building

Story 2

Sewer City/Public

Water Public

Structure Type Frame, Vinyl Siding

Schools

Elementary Schools Central

Middle Schools Oregon Trail

High Schools Olathe North

School District Olathe

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Heartland MLS KS / Southeast Kansas AOR
agent

Scott Strevell

Broker Associate

+1(913) 269-4269

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