509 N Walnut , Frankfort, KS 66427(Marshall County)

2 Acres in Frankfort, KS - $199,000

This well kept; well-managed apartment complex is ready to start giving a new owner a terrific return. Your income starts the day you become owner. The complex is operating at near, to full occupancy. Four apartment buildings with a total of 15 one-bedroom units. The first building is extended for a laundry, office, and a community room with a full service kitchen, which is rented by the County as a Senior Center. The community room is also rented for parties, reunions and other functions. All apartments have separate front entrances. Each unit is equipped with a range & oven, disposal, and refrigerator. Units have forced air furnaces with central air and separate gas and electric meters. Baths have a tub with shower.