715 Michigan Street

Lawrence, KS 66044

$179,500
Price
3
Beds
1
Bath
1,348 Sq. Ft.
$133 / Sq. Ft.
1,348
Sq. Ft.
$133
per Sq. Ft.

Description

1910 Bungalow that has been a nice rental home with 3 bedrooms (a 4th office/living room/could be bedroom). New carpet in primary bedroom. Perfect for anyone needing a main level bedroom with two more bedrooms upstairs. Leased to July 31, 2024 at $1,095 per month. New owner could keep tenant or non-renew tenant for an owner occupied move in August 1, 2024 or after. Tenant would like to renew and stay for at least another year. Full unfinished basement is great for storage and easy access to plumbing,...1910 Bungalow that has been a nice rental home with 3 bedrooms (a 4th office/living room/could be bedroom). New carpet in primary bedroom. Perfect for anyone needing a main level bedroom with two more bedrooms upstairs. Leased to July 31, 2024 at $1,095 per month. New owner could keep tenant or non-renew tenant for an owner occupied move in August 1, 2024 or after. Tenant would like to renew and stay for at least another year. Full unfinished basement is great for storage and easy access to plumbing, electrical, and HVAC systems. With a versatile layout spanning two levels and a full basement, this property offers flexibility for various living arrangements. Located in a prime spot near downtown Lawrence and The University of Kansas, convenience is at your doorstep. Zoned RM12D, this residence accommodates more than three unrelated individuals, with the potential for the main level living area to transform into a fourth bedroom. Tenants enjoy the proximity to popular establishments such as Louise's West and the vibrant dining scene on 6th Street and downtown. Commuting to KU and the KU Football stadium is a breeze from this strategically positioned residence. Excellent investment property in a sought-after location! Property is in good livable condition but being sold "As Is" at this low price.
  1. Listed by BRYAN C HEDGES • HEDGES REALTY EXECUTIVES
    C: 785-766-9383 bryan@hedgesre.com

Property Details for 715 Michigan Street

Architectural Style
One and Half Story
Parking Spaces Total
2.0
Zoning
RM12D

Location

Listing Courtesy of HEDGES REALTY EXECUTIVES
Add your commute
LISTING UPDATED: 05/02/2024 02:01 PM

Property Details for 715 Michigan Street

StatusActive
MLS #160847
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Converted Residence
Year Built1910
Lot Size-
CountyDouglas County

Location

Listing Courtesy of HEDGES REALTY EXECUTIVES
Add your commute

Virtual Tour

Building Information for 715 Michigan Street

Stories-Residences-Year Built1910Building Size-Lot Size-

Payment Calculator

$1,266 per month

30 year fixed, 7.25% Interest

Principal and Interest

$980

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 715 Michigan Street

Summary
Location and General Information
  • Listing Area: LAWRENCE 2
  • Year Built: 1910
Taxes and HOA
  • Association: No
  • Tax Year: 2023
Property
Lot Information
  • Total Square Footage: 1348.0
Property and Assessments
  • Ownership Type: Private
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Composition
Interior Features
  • Basement: Full, Unfinished
Multi Family
Unit 1
  • Vacant: No
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Total Rent: $1,095.00
  • Unit Type Type: Unit 1
  • Unit One Security Deposit: $1,095
Income & Expenses Information
  • Gross Income: $13,140

Property History for 715 Michigan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 715 Michigan Street

Taxable ValueLand$8,625Additions$18,239Total$26,864
Tax Record2023$3,436 ($286 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,348 SqFtAbove Grade Finished SqFt1,348 SqFtStories2Lot Size6,534 SqFtStyleSingle Family ResidenceYear Built1910CountyDOUGLASAPN067-36-0-10-08-003.00-0

Schools near 715 Michigan Street

This home is within Lawrence School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Hillcrest Elementary School
PublicK to 5

Lawrence West Middle School
Public6 to 8

Lawrence Free State High School
Public9 to 12

Lawrence Virtual School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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715 Michigan Street is a multi-family home for sale in Lawrence, KS 66044. This property was listed for sale on April 16, 2024 by HEDGES REALTY EXECUTIVES, it's currently listed at $179,500. It has been on the market for a total of 16 days and was last sold on December 10, 2010. This listing's school district is Lawrence School District. Nearby schools include Hillcrest Elementary School, Lawrence West Middle School and Lawrence Free State High School. 715 Michigan Street is a 3-bed, 1-bath, 1,348 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HEDGES REALTY EXECUTIVES

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.