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409 S Silver Street

Paola, KS 66071
  • $270,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 2347568
UPDATED: 89 min ago
$270,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

Great income and cash flow rental opportunity. 4.5 years remaining on 5 year NNN lease. Cap rate of 11% percent. Gross annual rental income - $40,092, Annual Expense - $10,212 include taxes & insurance. Tenant responsible for all maintenance. Net income - $29,880.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and SEEK Real Estate 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 data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-10-27T11:45:26.27.

www.seekrealestate.net/homes/121855831
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409 S Silver Street Paola, KS 66071

  • Price: $270,000
  • Status: Active
  • Updated: 89 min ago
  • ID#: 2347568
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1952
Built
Neighborhood:
380 - Miami County, Ks
County:
Miami
Area:
380 - Miami County, Ks
Property Description
Great income and cash flow rental opportunity. 4.5 years remaining on 5 year NNN lease. Cap rate of 11% percent. Gross annual rental income - $40,092, Annual Expense - $10,212 include taxes & insurance. Tenant responsible for all maintenance. Net income - $29,880.
Exterior Features

Number Of Docks 0 Number Of Drive In Doors 0 Parking Features Common Road Frontage Type City Street Road Surface Type AsphaltPaved

Interior Features

Interior Features Public RestroomRefrigerator Facility

Property Features

Age Description 51-75 Years Business Type Fast Food Current Use Fast Food In Flood Plain No Inside City Limits Yes Leased YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Location Features Business District Maintenance Provided YN No Occupancy Description Tenant Occupied Property Sub Type Retail Sale Includes Building Only Tax Total Amount 5659 Transaction Type Sale Utilities Electric To SiteGas To SiteSanitary SewerWater/Sewer Zoning C

Listing information © 2021 Heartland MLS.
Listing courtesy of Keller Williams Diamond Part.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2021, Heartland Multiple Listing Service, Inc. Heartland MLS and SEEK Real Estate 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 data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2021-10-27T11:45:26.27.

 
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