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124 W 8th St 4 Unit Apartment Building $537,429 CAD ($134,357 CAD/Unit) 7% Cap Rate Douglass, KS 67039
INVESTMENT HIGHLIGHTS
- Newly renovated property
EXECUTIVE SUMMARY
Experience peaceful, small-town living in this newly renovated, charming 4-unit multifamily property in Douglass, Kansas, where quiet country vibes meet modern convenience. This newly renovated property is a rare find and offers an excellent investment opportunity. Each of the 4 units features 2 bedrooms and 1 bathroom, and all are currently vacant, ready for you to move in your own tenants. The apartments boast updated amenities, including brand-new windows, fully renovated kitchens with modern appliances such as dishwashers, and refreshed bathrooms. You’ll also enjoy the comfort of central air and heat throughout, along with the added convenience of washer and dryer hook-ups.
The property includes an additional lot next door, offering extra space for outdoor activities or potential future development. With new carpet and updated flooring, each unit is both stylish and functional. Whether you're looking to live in one unit and rent out the others or rent out all four, this property is the perfect investment for anyone seeking a reliable income stream in the peaceful, small-town setting of Douglass, Kansas.
The property includes an additional lot next door, offering extra space for outdoor activities or potential future development. With new carpet and updated flooring, each unit is both stylish and functional. Whether you're looking to live in one unit and rent out the others or rent out all four, this property is the perfect investment for anyone seeking a reliable income stream in the peaceful, small-town setting of Douglass, Kansas.
PROPERTY FACTS
| Price | $537,429 CAD | Property Subtype | Apartment |
| Price Per Unit | $134,357 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 7% | Building Size | 3,322 SF |
| Gross Rent Multiplier | 10.69 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1976/2025 |
| Property Type | Multifamily | ||
| Zoning | C - Commercial | ||
| Price | $537,429 CAD |
| Price Per Unit | $134,357 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Gross Rent Multiplier | 10.69 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 3,322 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2025 |
| Zoning | C - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Carpet
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,047 CAD | - |
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PROPERTY TAXES
| Parcel Number | 414-20-0-20-14-004-00-0 | Improvements Assessment | $22,559 CAD |
| Land Assessment | $2,340 CAD | Total Assessment | $24,899 CAD |
PROPERTY TAXES
Parcel Number
414-20-0-20-14-004-00-0
Land Assessment
$2,340 CAD
Improvements Assessment
$22,559 CAD
Total Assessment
$24,899 CAD
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124 W 8th St
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