515 S Cottonwood Street

Iola, KS 66749

About this property

**Charming 1903 Fixer-Upper with Massive Sweat Equity Potential!** This two-story home offers four bedrooms, two baths, and tons of character just waiting for your finishing touches. Sitting on two city lots, it presents a fantastic opportunity to build equity by putting in the work. While cosmetic updates are needed throughout, the heavy lifting on major structural, plumbing, electrical, and mechanical systems has already been completed. Key upgrades and features include: Structural Updates: Foundation lifted and professionally braced. Brand-new Andersen windows and exterior doors installed with a lifetime warranty. Plumbing and Sewer: All interior plumbing and the main sewer line to the street were completely replaced by CDL in 2021. Electrical System: Completely upgraded from historical knob-and-tube wiring to a brand-new electrical system and panel. HVAC and Utilities: Central heating and cooling systems were fully updated and serviced in 2023. A new water heater was installed in 2021. Skip the headache of expensive mechanical overhauls, roll up your sleeves, and bring your design ideas to finish out this classic home!

About this property

**Charming 1903 Fixer-Upper with Massive Sweat Equity Potential!** This two-story home offers four bedrooms, two baths, and tons of character just waiting for your finishing touches. Sitting on two city lots, it presents a fantastic opportunity to build equity by putting in the work. While cosmetic updates are needed throughout, the heavy lifting on major structural, plumbing, electrical, and mechanical systems has already been completed. Key upgrades and features include: Structural Updates: Foundation lifted and professionally braced. Brand-new Andersen windows and exterior doors installed with a lifetime warranty. Plumbing and Sewer: All interior plumbing and the main sewer line to the street were completely replaced by CDL in 2021. Electrical System: Completely upgraded from historical knob-and-tube wiring to a brand-new electrical system and panel. HVAC and Utilities: Central heating and cooling systems were fully updated and serviced in 2023. A new water heater was installed in 2021. Skip the headache of expensive mechanical overhauls, roll up your sleeves, and bring your design ideas to finish out this classic home!

Features and Additional Information

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$98,000 Active
4 Bed(s)
2
Baths
1,666 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Get in touch today! Phone: 1-208-622-3400
Brokerage
Crown Realty
1-620-266-4181
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Area Information

490 Allen County | KS | Allen County | None

$ 98,000
This listing is play_arrow 30.5% lower than the average in the area
$ 141,000 in the area
1,666 SqFt
This listing is play_arrow 5.4% smaller than the average in the area
1,762 SqFt in the area
$ 59 $/SqFt
This listing is play_arrow 30.1% less than the average in the area
$ 84 $/SqFt in the area
109 days on site
This listing is play_arrow 21.0% below the average in the area
138 days on site in the area

Schools in the Area

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Listed By Jody Potter
Brokerage: Crown Realty

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