318 S Martin Luther King Junior Drive, Manhattan, KS 66502

$240,000 Asking Price

6 beds
2 baths
2,472  sqft
Built in 1921

Have you been looking for an updated, income-producing home in the heart of Manhattan?? Then look no further! This charming bungalow has been updated from top to bottom. This property is currently being used as a short term rental and has a strong history of revenue, with current bookings into December. This property grossed over $37k in bookings in 2023, and last month alone brought in almost 4k in gross revenue! The sellers are willing to negotiate any and all furnishings in the home if someone wanted to purchase as an AirBnb. With a new roof in 2021, this property is ready for a new owner or investor! Live in one unit and rent the other side out to cover your mortgage, or even rent the garage as a storage space. The possibilities with a property like this are endless, so don't miss your chance to purchase a cash flowing rental in a hot market! Contact the listing agent for more revenue details or to set up your showing today!


Features & Amenities

Interior

General:
Other
Basement:
Partially Finished
A/C:
Central Air
Heating:
Forced Air Gas

Exterior

Pool:
None

Construction

Roofing:
Architecture Dimensioned
General:
Site Built

Location

Road/Access:
Public
Originating MLS:
flinthills
School District:
Manhattan-Ogden USD 383
County:
Riley

Lot

Zoning:
WARD 6, BEG AT A PT 50' S OF NE COR OF LT 457,TH S 50',W150',N50',E1 50',TO POB
Fencing:
None

Financial

Source:
flinthills

This listing courtesy of:
K.W. One Legacy Partners, Ryan Sajdera

About Manhattan, KS

Housing

Number of Units
29,389
Median Home Value
$217,398
Median Rent
$806

53.03% of housing units are renter occupied.

11.59% are vacant.

Commute

Car
68.24%
Public Transportation
0.10%
Walk to Work
5.81%
Work from Home
23.92%
Other
0.59%

The median travel time to work is 13 minutes.

People

Population
66,737
Median Age
30.30
Median Household Size
2.49

Education

High School
15.02%
Associate’s Degree
9.03%
Bachelor’s Degree
26.66%
Graduate Degree
24.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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