The subject offering is a 44-unit, 30-building portfolio located throughout Pittsburg, Kansas. The non-contiguous portfolio has 16 single-family rentals and 14 duplexes across 28 legal parcels. Pittsburg is home to Pittsburg State University, and its university-anchored economy supports consistent rental demand throughout the market. The portfolio is stabilized at 95% occupancy and has a history of high occupancy under its current owner-operator. It offers a range of one-, two- and three-bedroom floorplans in the central, northern, and southern parts of Pittsburg, giving prospective residents a variety of unit types and locations. Ownership began assembling the portfolio in 2016, when the first acquisitions and renovations were completed. Since then, ownership has continued to expand the holdings and has invested significant capital in improvements. The result is a turnkey offering that is approximately 97% renovated. Finish levels vary by unit and building; detailed property-level notes are provided on the following pages. Units feature central air or ductless mini-split cooling, fully equipped kitchens, laundry, off-street parking and functional floorplans. Depending on the property, upgrades include garages, quartz or granite countertops, new windows, new roofs, fresh interior paint, tankless water heaters, new cabinetry, new water and sewer lines, new flooring, new siding, new kitchens/bathrooms and updated electrical wiring. Every building is separately metered for gas and electric. The portfolio gives a new owner strategic flexibility. An investor may hold and operate the properties as currently configured, adding value through modest incremental improvements over time. Alternatively, an investor may sell individual buildings over time to potentially maximize overall returns.
Great investment opportunity. Duplex with 1 bedroom on each side. Lease thru 05/25/2027, $1,065/month. Consistently rented
Listing agent is owner. Duplex for sale at 110 W. Euclid St. in a convenient central Pittsburg location. The property features one 1-bedroom unit and one 2-bedroom unit, plus off-street parking and a carport. Rare RP-3 zoning adds to the appeal of this versatile investment opportunity.
Whether a seasoned investor or brand new investor, this Pittsburg duplex is great option to add to your portfolio! Side by side studio units, each with their own kitchen and bathroom. Seller states roof is approx 7 years old. Freshly painted exterior. Additional income opportunity with a 3 bay garage- provide access to the tenants or lease out separately. 703 offers central heat and air, and 703 1/2 offers window and wall units for heating and cooling. Close proximity to PSU, just 4 mins away. Ready for its new owner, come take a look today!
Rare multifamily investment opportunity located just one block from Pittsburg State University and the Kelce School of Business. The property consists of 19 unfinished residential units, with engineer-stamped and approved plans to increase the unit count to 21 units entirely within the existing build footprint. The first floor offers a flexible configuration with potential for residential, office, or commercial use. Newer electrical meter and panel improvements have been completed. Highly walkable location near Pittsburg State University and downtown Pittsburg, offering strong appeal for student, faculty, university-related, and workforce housing. a unique opportunity for an investor to complete the property, customize the final unit mix, and capitalize on its exceptional location.
This 5-unit apartment building offers approximately 4,000 square feet and a desirable unit mix consisting of three 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Whether you're looking to expand your existing portfolio or begin investing in multifamily real estate, this property offers excellent income-producing potential. Schedule a private tour today!
Investment portfolio featuring 4 income-producing properties sold as a package only. Portfolio includes 3 properties in Pittsburg (one 5-unit apartment complex and two single-family homes) and 1 single-family home in Frontenac, for a total of 8 rental units. All properties are tenant occupied, providing immediate rental income. Schedule a private tour today!
This 5-unit apartment building offers approximately 4,000 square feet and a desirable unit mix consisting of three 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Whether you're looking to expand your existing portfolio or begin investing in multifamily real estate, this property offers excellent income-producing potential. Schedule a private tour today!
Investment opportunity! Great 2 bedroom 2 bathroom Duplex. Semi-Open floor plan. 1 car attached garage. Large living room opens to galley style Kitchen with dining area. Both Bedrooms are good sizes. The primary bedroom has attached bath and walk-in closet. Each Unit has great Storage. Separate laundry room. Refrigerator, Stove/oven, Dishwasher included. Central HVAC. New Roof.
One of a kind, well-built, well-maintained, low-maintenance triplex. Close to PSU. Each unit has its own attached garage and private front porch, plus an additional parking spot. All units have been consistently rented since they were built. Each unit consists of 2 bedrooms with large closets, a bathroom, kitchen, living room, laundry room, hall closet, attached garage, and all appliances.
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Pittsburg is located in Kansas. Pittsburg, Kansas has a population of 20,667. Pittsburg is less family-centric than the surrounding county with 27.64% of the households containing married families with children. The county average for households married with children is 29.26%.
The median household income in Pittsburg, Kansas is $36,657. The median household income for the surrounding county is $45,191 compared to the national median of $69,021. The median age of people living in Pittsburg is 26 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 46.1 inches per year, with 10.2 inches of snow per year.