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Carnegie Lofts 601 S 5th St 10 Unit Apartment Building $1,137,403 CAD ($113,740 CAD/Unit) Leavenworth, KS 66048
Investment Highlights
- One of a kind Carnegie Library Conversion with Stunning Architectural Character
- Gut Renovation in 2017 – all new mechanicals, plumbing, and electrical
- Thriving Leavenworth Submarket anchored by Fort Leavenworth military employment
- Loft-Style Units with 16–20 Ft Ceilings and Incredible Original Details
- Strong Tenant Demand for Unique Units
Executive Summary
Carnegie Lofts presents a once-in-a-lifetime opportunity to acquire a historic Carnegie Library converted to ten of the most incredible multifamily units in Leavenworth, Kansas. After Andrew Carnegie became the richest man in the world in 1901, he devoted his life to philanthropy including funding the construction of 1,689 libraries across the United States.
Originally constructed in 1902, the building was thoughtfully converted into loft-style apartments in 2017 while preserving its architectural character, including original woodwork, mosaic tile flooring, and restored lighting fixtures. One of the units features the original ornate fireplace and all units have restored original windows, ample natural light, and blend modern amenities with timeless character. Interiors feature soaring ceilings (16–20 feet), creating a unique and rare living experience with strong tenant demand. Laundry is either in unit (4 units with hookups) or in a shared common laundry on the main floor. The all electric building is located in the thriving Leavenworth market and combines historic charm with rental appeal and income upside.
Originally constructed in 1902, the building was thoughtfully converted into loft-style apartments in 2017 while preserving its architectural character, including original woodwork, mosaic tile flooring, and restored lighting fixtures. One of the units features the original ornate fireplace and all units have restored original windows, ample natural light, and blend modern amenities with timeless character. Interiors feature soaring ceilings (16–20 feet), creating a unique and rare living experience with strong tenant demand. Laundry is either in unit (4 units with hookups) or in a shared common laundry on the main floor. The all electric building is located in the thriving Leavenworth market and combines historic charm with rental appeal and income upside.
Property Facts
| Price | $1,137,403 CAD | Building Class | C |
| Price Per Unit | $113,740 CAD | Lot Size | 0.96 AC |
| Sale Type | Investment | Building Size | 12,307 SF |
| No. Units | 10 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1902/2017 |
| Apartment Style | Low-Rise |
| Price | $1,137,403 CAD |
| Price Per Unit | $113,740 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 12,307 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1902/2017 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 6 | - | - |
| Studios | 2 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 077-36-0-20-27-002.00-0 | Improvements Assessment | $93,064 CAD |
| Land Assessment | $7,630 CAD | Total Assessment | $100,694 CAD |
Property Taxes
Parcel Number
077-36-0-20-27-002.00-0
Land Assessment
$7,630 CAD
Improvements Assessment
$93,064 CAD
Total Assessment
$100,694 CAD
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Carnegie Lofts | 601 S 5th St
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