Amazing investment opportunity! This property is 2 duplexes on 1 lot in south Wichita. All 4 units are 2 bedroom 1 bath with an unfinished basement. The main level features a spacious living room leading into an eat-in kitchen. On the upper level you’ll find 2 bedrooms, a bathroom with a tub/shower combo, and built-in hall storage. The unfinished basement includes washer/dryer hookups and ample storage space for tenants. Each unit is rented with 1 year leases and includes it’s own separate electric and gas meters and 2 parking spaces. Units 703 and 707 rent for $650 per month, unit 705 rents for $730 per month, and unit 709 rents for $615 per month. That’s a total monthly income of $2,645 which comes to $31,749 per year! All units are tenant occupied and require 24 hour notice for showings, please do not disturb tenants. Call agent to schedule a showing. Seller is a licensed real estate agent in the state of Kansas. All information is deemed reliable but not guaranteed. This property is offered in it’s present “as is where is” condition.*

Listing Agent:Jessica Ward
#00245701

Offered By:Berkshire Hathaway Penfed Realty

Date Added: 5/9/24 at 5:00 am
Last Update: 5/10/24 at 3:01 am

Interior

  • AppliancesDishwasher, Disposal, Microwave, Range/ Oven, Refrigerator
  • BasementUnfinished
  • FlooringCarpet, Tile
  • A/CCentral Electric
  • HeatingForced Air, Natural Gas

Exterior

  • StyleSide by Side
  • Parking2 per Unit, Parking spaces: 8

Construction

  • RoofingComposition
  • GeneralVinyl

Location

  • Originating MLSsckansas
  • School DistrictWichita School District ( USD 259)
  • CountySedgwick

Lot

  • ZoningS 5 FT LOT 249 ALL LOT 251 & N 20 FT LOT 253 BURR' S 2 ND. ADD, 087-128-0-11-10-017.00

Utilities

  • UtilitiesGas, Public, Sewer Available

Financial

  • Sourcesckansas
  • OwnershipCorporate
  • Listing Agent Compensation3%
  • Buyers Agent Compensation3%

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