728 Rhode Island Street Lawrence, KS ^$ 500,000

728 Rhode Island Street

^$ 500,000

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728 Rhode Island Street

Lawrence, KS, 66044

^$ 500,000

Studio Baths0.0

Monthly Estimate*

^$ 3,493

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Studio Multi-Family Home for sale in Lawrence, KS for $500,000. This home was built in 1875 on a lot size of 0.134298.

Live 2 blocks from downtown in this 1875 Old East Lawrence converted home with 6 Bedrooms and 4 Baths currently being used to house 4 tenants as a 4plex. Built to Last After Quantrill’s Raiders burned houses. High Rents=great investment-tenants pay more to live 2 blocks off downtown if you’re an investor looking for a multifamily. Live in all 4 units OR Live in 1 unit & rent other 3 & live for FREE or almost FREE OR Cash Flow After Taxes If Renting all 4. Popular location of a block or so from Farmer’s Market and 2 blocks from downtown. $40,000+ in annual rents. At $125,000/Unit Second Lowest Priced Lawrence 4plex at MLS entry. Ask your agent for video walkthrough of units and list of maintenance items.

Multi-Family Active

Price

^$ 500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,520

Style

Lot Size

0.134298

Year Built

1875

Town/City

Lawrence

County/Region

DOUGLAS - KS

MLS | Web ID

2472300

Features

General

Sewer City/Public

Heating Other

Cooling Window Unit(s)

Utilities Other

Possession Close Of Escrow

Roof Composition

Appliances Refrigerator Free-Standing Electric Oven

Zoning RM24

HOA 0

Construction Materials Brick & Frame

Year Built 1875

Property SubType Quadruplex

Assoc Fee Paid Per None

County Douglas KS

Property Type Residential Income

HOA / Comm Assn N

Subdivision Name Other

Garage Y/N N

Status Active

Directions E from 8th and Mass to N on Rhode Island to 728.

City Lawrence

High School District Lawrence

Total Units 4

MLS Area 450 - Douglas County KS

Lot Size Square Feet 5850

Street Name Rhode Island

Listing Terms Cash Conventional FHA VA Loan

Public Remarks Live 2 blocks from downtown in this 1875 Old East Lawrence converted home with 6 Bedrooms and 4 Baths currently being used to house 4 tenants as a 4plex. Built to Last After Quantrill’s Raiders burn

Standard Status Active

In Flood Plain No

Virtual Tour https://youtu.be/NI4Z4Cyl_VY

HMS_MaintenanceProvidedYN N

Exterior

Parking Features Off Street On Street

Water Source Public

Total Parking 4

Lot Size Area 5850

Road Surface Type Paved

Lot Size Units Square Feet

Road Responsibility Public Maintenance

Interior

Total Stories 2

Basement (Y/N) Y

Air Conditioning Y/N N

Street Suffix Street

Laundry Features Inside

Unit Type 1 Bedroom 2 Bedroom Efficiency

* Excluded Features

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At Home Kansas

Broker

Affordability Calculator

$3,953

Per Month

Monthly Principal & Interest: $3,493
Monthly Property Taxes: $460
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

About Lawrence, KS

95,817 Population

20% Since 2002

^$51,208 Median Income

30.18 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

1841325 Elementary School

1841383 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/9/2024	$450,000		Listed Price

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728 Rhode Island Street, Lawrence, KS, 66044 is a Multi-Family Home for sale at $500,000 with a lot size of 0.134298. 728 Rhode Island Street is a studio with 0.0 baths and was built in 1875. The property's zip code is 66044 which is in Lawrence, KS

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

"The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Weichert REALTORS, do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring."

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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