1109 N Kentucky Street, Iola, KS 66749
- $125,000
- 3
- BD
- 3
- BA
- 2,069
- SqFt
- List Price
- $125,000
- MLS#
- 2641791
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 2,069
- Lot Size
- 14,810
- Acres
- 0.34
Property Description
**High-Potential Fixer-Upper: Massive Lot & Versatile Workshop Space** Capitalize on this exceptional investment opportunity located in a prime, high-demand neighborhood. This three-bedroom, three-bath residence offers a blank canvas for a high-ROI renovation project or a significant value-add flip. **Key Investment Highlights:** * **Expansive Lot Size:** Situated on an impressive, near-one-acre lot, providing rare square footage and significant development upside in a well-established community. * **Unique Property Assets:** Features an attached two-car garage for immediate utility, plus a massive bonus detached garage/workshop at the rear—providing essential storage space that is highly sought after by buyers and tenants alike. * **Value-Add Potential:** A true fixer-upper opportunity. The spacious, functional floor plan is ready for a modern overhaul, allowing an investor to significantly increase ARV (After Repair Value) through strategic updates and modernization. * **Prime Location:** Positioned in a desirable neighborhood with strong comps and consistent buyer demand, ensuring your investment is supported by a stable and appreciating market. This property is perfectly positioned for those who recognize the value of raw potential and strong structural assets. Whether you are looking for a fix-and-flip or a long-term hold, the combination of land, location, and versatile workshop space makes this a standout acquisition.
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Additional Information
- Year Built
- 1960
- School District
- USD 257 - Iola
- Garage
- Yes
- Garage Spaces
- 3
- Lot Description
- City Limits, City Lot, Corner Lot
- Basement Description
- Crawl Space
- Fireplace
- Yes
- Fireplace Description
- Family Room, Gas Starter, Masonry, Wood Burning
- Interior Features
- Ceiling Fan(s), Kitchen Island, Stained Cabinets, Walk-In Closet(s)
- Exterior Features
- Fixer Up
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Architecture
- Traditional
- Construction
- Brick Veneer, Frame, Lap Siding
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air, Wood Stove
- Taxes
- $2,181
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Listing courtesy of Jennifer Chester of Crown Realty.
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