221 and 205 Mill RD Active

Neodesha,KS 66757

$ 625000

- Bed

0 Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2518466

Year Built 1967

Annual Tax Amount $4,734

Lot Size 3.280 Acres

Property Sub-Type Apartment

Property Description

This remarkable investment offering includes 2 interconnected properties combined 46,540 sq. feet on 3.28 acres. The three-story apartment building of 28,000 square feet has 3 units available to rent out at $750/ month each. There is potential space for 12 additional units. Private parking lot 100 ftx X 100 ft. with space for 40 vehicles plus street parking.
Attached former Nursing Home 18,540 sq. ft. sits on 2 acres just outside city limits. Layout of 36 rooms that can be reconfigured for community living or converted into 18 one-bedroom apartments.
Commercial kitchen area for shared dining or catering options. Community showers/restrooms/laundry facilities.
Flexible multiple uses: Affordable housing, senior living or a unique combination rental units and community-oriented spaces. Space for up to 30 additional units. There is any number of small businesses or storage facilities possible.
Own and develop this large-scale opportunity to meet your potential investment plans!

Location

State KS

County Wilson

Zoning Res

Interior

Heating Forced Air

Cooling Electric,Window Unit(s)

Laundry Central Laundry

Exterior

Parking Features false

Utilities Available Other

Roof Type Composition,Metal

Building

Story 3

Sewer City/Public

Water Other

Structure Type Block,Brick & Frame,Concrete

Schools

School District Usd 461 - Neodesha

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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