905 Madison Street, Leavenworth, KS 66048

Property Description

This is an opportunity to own a 1980 built Triplex in Leavenworth! Two of the three units are already leased at this triplex at 905 Madison St. Both upstairs units are leased at $920 per month each. The basement unit is vacant and ready for occupancy, which gives a buyer two options. An investor can lease it at market rent to complete the rent roll. An owner-occupant can move in and let the upper units cover a large share of the monthly payment. Owner-occupant buyers should ask their lender about 2?4 unit financing, which can require less down than a standard investment loan. The property is in Leavenworth with access to Fort Leavenworth, downtown, and routes toward the Kansas City metro. You get cash flow from day one and built-in upside on the third unit. Ask for the leases and rent roll, check the numbers, and schedule your showing. Information deemed reliable but not guaranteed. Buyer/Agent to verify all information.