520 North Sterling Colby KS

$163,000.00
Address: 520 North Sterling Colby, Kansas
State: Kansas
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Property Description

Legal Description: Lot 20 and E 20′ of lot 19 Block 5 in the Gilmore and Larson addition to the City of Colby, Thomas County, Kansas

6 APARTMENT UNITS

Main Floor Sq Ft: 2,595
Basement Sq Ft: 2,211
2nd Floor Sq Ft: 441
Total Approximate Finished Sq Ft: 5,247
Construction: Frame
Age: 1940
Lot Size: 5,625
Heat: Forced Air Gas, Gas Wall Furnace, Electric base board heat
A/C: Window Air
2018 Taxes: $2,314.89
Avg. City water, trash, sewer pd by landlord: $141.95
Gas & Elecric Bill: Currently paid by tenant (except for 5, landlord pays unit 5 gas)

UNITS AND RENT INFORMATION

UNIT 1: Front unit with 2 entries.  2 Bedroom, 1 Bath $500. Approx. 750 Sq Ft
UNIT 2: 2 Bedroom, 1 Bath $500.  Approx. 600 Sq Ft
UNIT 3: Larger unit that current owner occupies. Could rent out easily. Upstairs area. 2 Bedroom 1 Bath (upstairs could do another Bedroom).  Approx. 850 Sq Ft
UNIT 4: 2 Bedroom 1 Bath $450 Approx. 600 Sq Ft
UNIT 5: 2 Bedroom 1 Bath $400 (tenant has been there for 11 years) Approx. 600 Sq Ft
UNIT 6: 2 Bedrooms 1 Bath $500 Approx. 600 Sq Ft

 

  • Each unit comes with kitchen appliances (range, refrigerator) and washer and dryer
  • Each unit is a one year lease (new owner will have to honor remaining time on each lease)
  • Copies of any and all leases will be give to the buyer
  • All security deposit being held will be give to the the buyer at closing
  • Rent money will be prorated at closing
  • Corner lot. Across the street from Catholic School
  • 8′ x 12′ metal storage building and a couple older wood storage buildings in rear yard
  • All units have window/wall air units and will be included
  • Some wall gas heating furnaces, some electric heating furnaces, larger unit #3 has forced air gas heat.
  • Unit 6 has no gas hook up- all electric
  • Unit 3 has handicap bathroom, deck, and an upstairs finish area. Also has some unfinished work and the seller is not planning to finish at the list price
  • Examples of some room measurements. Not all units were measured.
    • Unit 1: KIT 11’6″ x 14′, LR 11’6″ x 17′, BR 10′ x 12′, BR 11’3″ x 12’6″, Full Bath, Utility
    • Unit 2: KIT 8’4″ x 12’2″, LR 12’2″ x 8’2″, BR 10′ x 11’6″, BR: 10′ x 12″ Full Bath, Utility
    • Unit 3: KIT 11′ x 13’6″, LR 11′ x 11’6″, BR: 13’2″ x 24′, Utility 10′ x 6′, 3/4 handicap accessible Bath. Upper level: BR 9′ x 19′ (needs finished), BR              8′ x 11’2″, storage
    • Unit 4: KIT 7′ x 9’8″, LR 10′ x 13’6″, BR: 8′ x 8′, BR: 8′ x 13’2″, Full Bath, Laundry
    • Unit 6: KIT: 9′ x 9’8″, LR 9′ x 22′, BR 9′ x 11′, BR 8’6″ x 11′, Laundry/Bath
  • All personal property will be sold “as is”
  • 24 HOUR NOTICE REQUIRED FOR SHOWINGS

Property Information

  • Type:

    Residential

  • Area Size : 5625 sq ft
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