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Property profile & analytics
OFF-MARKET
Garden apartment buildings

410 Fisher St Glasco, KS 67445-9419

4,008 SF 0.66 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US33-0933504
Property summary
AI-generated overview

This income-generating 8-unit apartment complex presents a compelling investment opportunity in Glasco, Kansas. Situated on a sizable 0.66-acre lot conveniently located off Highway 9, the property comprises two brick structures. The main complex houses six well-maintained units, while a secondary building offers two additional units. Recent upgrades include new roofs on both structures, minimizing maintenance concerns. Ample parking is provided via a large carport with designated tenant spaces. Currently generating consistent rental income, the landlord covers water, trash, and lawn care, while tenants are responsible for electricity. Each unit features wall-mounted AC units and baseboard heating. A shared coin-operated laundry room with a washer and dryer adds convenience for residents. The property offers a blend of low maintenance and stable income potential. Note: This property is located within a floodplain. This exceptional opportunity provides a solid return on investment with desirable tenant amenities. The property's prime location and substantial lot size offer further potential for future development or expansion. The existing infrastructure and recent upgrades ensure a low-maintenance operation, maximizing profitability. This is an ideal investment for those seeking a stable, income-producing asset in a desirable Kansas location.

Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1970
Total area 4,008 SF
Lot 0.66 ac (28,750 SF)
APN 166-14-0-10-01-008.00-0
UPID US33-0933504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
M & D PROPERTIES LLC
M & D PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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