728 Rhode Island Street

Lawrence, KS 66044

$500,000
Price
Beds
2,071 Sq. Ft.
$241 / Sq. Ft.
2,071
Sq. Ft.
$241
per Sq. Ft.

Description

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. Block or so from Farmer’s Market. $40,000+...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. Block or so from Farmer’s Market. $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.
  1. Listed by ROB LANG • AT HOME KANSAS
    P: 206-339-3199 C: 785-393-2274 rob@askroblang.com

Property Details for 728 Rhode Island Street

Architectural Style
Two Story
Zoning
RM24

Location

Listing Courtesy of AT HOME KANSAS
Add your commute
LISTING UPDATED: 04/10/2024 09:19 AM

Property Details for 728 Rhode Island Street

StatusActive
MLS #160358
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1875
Lot Size-
CountyDouglas County

Location

Listing Courtesy of AT HOME KANSAS
Add your commute

Building Information for 728 Rhode Island Street

Stories-Residences4Year Built1875Building Size-Lot Size-

Payment Calculator

$3,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 728 Rhode Island Street

Summary
Location and General Information
  • Listing Area: LAWRENCE 2
  • Year Built: 1875
Taxes and HOA
  • Association: No
  • Tax Legal Description: RHODE ISLAND STREET LT 36
  • Tax Year: 2023
Property
Lot Information
  • Total Square Footage: 2071.0
Property and Assessments
  • Ownership Type: Investor
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other - See Remarks
  • Roof: Composition
Interior Features
  • Basement: Cellar
Multi Family
Multi-Family Information
  • Total Units: 4
Unit 1
  • Vacant: No
  • Unit Type Type: Unit 1
Unit 2
  • Vacant: No
  • Unit Type Type: Unit 2
Unit 3
  • Vacant: No
  • Unit Type Type: Unit 3
Unit 4
  • Vacant: No
  • Unit Type Type: Unit 4
Income & Expenses Information
  • Gross Income: $40,380

Property History for 728 Rhode Island 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 728 Rhode Island Street

Taxable ValueLand$8,625Additions$34,218Total$42,843
Tax Record2023$5,521 ($460 / month)
Home Facts
Baths4Total Finished SqFt2,069 SqFtAbove Grade Finished SqFt2,069 SqFtStories2Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1875CountyDOUGLASAPN079-31-0-20-01-008.00-0

Schools near 728 Rhode Island 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
New York Elementary School
PublicK to 5

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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728 Rhode Island Street is a multi-family home for sale in Lawrence, KS 66044. This property was listed for sale on February 9, 2024 by AT HOME KANSAS, it's currently listed at $500,000. It has been on the market for a total of 83 days and was last sold on June 22, 2022. This listing's school district is Lawrence School District. Nearby schools include New York Elementary School, Lawrence Liberty Memorial Central Mid School and Lawrence Free State High School. 728 Rhode Island Street is a 0-bed, 0-bath, 2,071 sqft multi-family home built in 1875.

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 AT HOME KANSAS

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.