Manhattan, KS 66502,1111 Vattier
Manhattan, KS 66502,1111 Vattier
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Christine & Toby Gallegos
Listed by Alliance Realty • Shosa Greg
$ 1,900,000
Est. payment | /mo

22 Baths

0.52 Acres Lot


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$ 1,900,000
Est. payment | /mo
Save

22 Baths

0.52 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20250818

Full Baths 18

Half Baths 8

Originating Board flinthills

Year Built 1986

Annual Tax Amount $27,186

Tax Year 2024

Lot Size 0.517 Acres

Property Sub-Type Multi Family

Property Description

Original Design 18-Plex located 1 block from KSU Campus and 1 Block from Aggieville. Fully Rented minus one unit being remodeled. . In the process of renewing and releasing for next school year. Easy Maintnence all Brick construction. Annual Rent: $198,480.00 (fully rented) Zoned RC - High density Residential Urban Core (refer to City Zoning Regs) Also located in the Federal Qualified Tax Opportunity Zone (See IRS Wbsite for tax savings details) Current Insurance: $7500 (Farm Bureau) Annual Owner Paid Utilities: $22,944 TOTAL Water $893/House Electric $138/ Trash $132/Internet $749 (not calculated) The owner currently provides internet to the tenants through WTC at a rate of $39/unit/mo. WTC retail is $59/unit/mo. The owner has opted to provide this as a service but the next owner could easily offset this expense by adding a Utility Fee and passing the expense on to the tenant. NOI: $149,392 w/o cable/internet NOI $142,000 w/ Cable/internet

Location

State KS

County Riley

Zoning RC

Rooms

Basement Poured Concrete, Finished

Interior

Cooling Central Air

Fireplaces Type None

Exterior

Exterior Feature Deck

Fence None

Building

Structure Type Brick

Schools

School District Manhattan-Ogden Usd 383

Flint Hills Association of REALTORS® (FHAOR)
agent-avatar

Christine & Toby, #TopCity REALTORS®, are your go-to experts in Topeka real estate. They serve buyers, sellers, and investors with a seamless, transparent experience. From luxury homes to new builds, they provide expert insights for first-time buyers and strategic advice for investors. Trust their dedication, passion, and market knowledge to guide you through Topeka's real estate landscape. 

+1(785) 844-2605

topekaksrealtors@gmail.com

534 S Kansas Ave, Topeka, KS, 66603, USA

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1111 Vattier