410 Fisher St Glasco, KS 67445-9419
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.