221 and 205 Mill Road, Neodesha, KS 66757

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$625,000
 est. $2,741/mo

This remarkable investment offering includes 2 interconnected properties combined 46,540 sq. feet on 3.28 acres. The three-story apartment building of 28,000 square feet has 3 units available to rent out at $750/ month each. There is potential space for 12 additional units. Private parking lot 100 ftx X 100 ft. with space for 40 vehicles plus street parking. Attached former Nursing Home 18,540 sq. ft. sits on 2 acres just outside city limits. Layout of 36 rooms that can be reconfigured for community living or converted into 18 one-bedroom apartments. Commercial kitchen area for shared dining or catering options. Community showers/restrooms/laundry facilities. Flexible multiple uses: Affordable housing, senior living or a unique combination rental units and community-oriented spaces. Space for up to 30 additional units. There is any number of small businesses or storage facilities possible. Own and develop this large-scale opportunity to meet your potential investment plans!

Directions
In Neodesha from Casey's on Main Street go 3 blocks south on 2nd Street. Properties on 2nd and Mill Streets. 205 & 221 Mill
Subdivision
None
City
Neodesha
County
Wilson
Property Type
Residential Income / Apartment
Listing Updated
Nov 05, 2024 at 9:11am
MLS Number
2518466
Property Tax
$4,734
Zoning
$Res
Home Owners Association
No
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