$1,190,000
8
Beds
5
Baths
4,052
Living Area
-
Property Description
Four-family, built 1880, 21,950 SF lot (approx. 0.5 acre), seven off-street spaces. Public record reflects five units; City of Lawrence reflects four built and occupied - the fifth was never completed. Positioned on South Broadway, one of the city's principal arteries. An additional foundation is in place, ready for expansion, and basement & attic space is unfinished, offering expansion potential subject to municipal approval. Rent roll (per seller): U1 3BR $2,600; U2 2BR $2,350; U3 2BR $1,950; U4 1BR $1,775; gross monthly $8,675, gross annual $104,100. Gas steam, municipal water and sewer. Units occupied, showings by appointment only,
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1880
- Parking Spots: 7
- Property Type: 4 Family
- Total Rooms: 22
- Status: Closed
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Additional Details
- Basement: Full
- Exterior Features: Garden, Other
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
- Construction: Stone
- Fireplaces: 2
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School, Sidewalks
- Parking Features: Off Street, Paved
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Utilities
- Electric: Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $875,800
- Taxes: $7,567
- Tax Year: 2026
- Total Rent: $8,675
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