This 1 bedroom, 1 bathroom single-family home located at 515 S Madison offers an affordable entry point for investors looking to add a cash-flowing property to their portfolio. The home is currently tenant-occupied at $525/month, providing immediate rental income from day one. Situated on a shared lot, this property… Read More will require a lot split, creating an excellent opportunity for buyers to add value through subdivision and future resale or redevelopment. With strong rental demand in the area and low operating costs, this property is well-suited for investors seeking steady income with upside potential. Whether you’re a seasoned investor or looking for your next rental, this property presents a unique chance to secure an income-producing home with room to grow. Read Less
Courtesy of , Mathis Lueker Real Estate 785-762-3400
Listing Snapshot
Days Online
114
Last Updated
Property Type
Single Family Residence
Beds
1
Full Baths
1
Square Ft.
432
Year Built
1952
MLS Number
20260024
Monthly Payment
$0
Additional Details
Property Access
Road Frontage: "Public", Road Surface: "Concrete"
Basement
Basement: "Slab"
Building
Architectural Style: "Bungalow", Building Area Total: 432, Construction Materials: "Unknown", Year Built: 1952
Cooling
Cooling: "Central Air"
Exterior Features
Exterior Features: "None"
Fence
Fencing: "None"
Garage
Garage Spaces: 0
Heating
Heating: "Natural Gas"
Interior Features
Interior Features: "Ceiling Fan(s)"
Pool
Pool Features: "None"
Property
Zoning: Residential
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Listings courtesy of Flint Hills Association of REALTORS® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. Listings last updated on .
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