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6417 E Cottonwood Ln

Wichita, KS 67207
  • $750,000
  • STATUS: Active
  • MLS #: 636802
UPDATED: 63 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,650
    SQFT
  • $455
    $/SQFT
Type:
Multi-Family
Built:
1949
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Josh Roy of Keller Williams Hometown Partners SCK650 .




Description

Amazing investment properties for sale located right in the heart of Wichita!! This package deal offers the rare opportunity to pursue an expansion of your current investment portfolio by adding two duplexes and a quadplex, all conveniently located right beside each other and very close to Kellogg. Imagine taking new ownership of three meticulously renovated units that are immediately cash flowing and in great condition! The quadplex is situated right between the two duplexes, all sharing a newly-poured parking lot for the tenants so they don't have the hassle or worry of parking on the street. The renovations start on the exterior boasting new exterior paint, newer roofing and windows. Six of the eight units have also been endlessly remodeled on the interior with new water heaters, paint, kitchen cabinetry, appliances, bathroom vanities, toilets, light fixtures and fans, and beautiful granite countertops throughout. All three buildings have unfinished basements that supply shared laundry units for the tenants, as well as their own personal (locked) storage areas. There are a total of six 2bed, 1bath units and two 1bed, 1bath units. All units, with exception to 6417 & 6423 are currently occupied with quality tenants and leases in place. Only two units are currently under a month-to-month lease agreement; however, renewals have been sent out and will secure them for a year lease. The two vacant units currently have a waiting list for tenants but we are leaving vacant currently to allow showings for buyers to walk through. Another great benefit to this package of properties is that they do allow for Section 8 housing! If you are searching for a low-maintenance, remodeled, cash flowing package deal this is it!!! ***Units 6417 & 6423 are available for showings, with other units being accessible for viewing after an acceptable offer has been received. Business documents are available for serious buyers that can present proof of funds or financing to the listing agent.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-20T15:54:33.663.
www.blvdgroupre.com/homes/148832466
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6417 E Cottonwood Ln Wichita, KS 67207

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 63 min ago
  • MLS #: 636802
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,650
SQFT
$455
$/SQFT
1949
Built
County:
Sedgwick
Elementary School:
Clark
Middle School:
Curtis
High School:
Southeast
School District:
Wichita School District (Usd 259)
Property Description
Amazing investment properties for sale located right in the heart of Wichita!! This package deal offers the rare opportunity to pursue an expansion of your current investment portfolio by adding two duplexes and a quadplex, all conveniently located right beside each other and very close to Kellogg. Imagine taking new ownership of three meticulously renovated units that are immediately cash flowing and in great condition! The quadplex is situated right between the two duplexes, all sharing a newly-poured parking lot for the tenants so they don't have the hassle or worry of parking on the street. The renovations start on the exterior boasting new exterior paint, newer roofing and windows. Six of the eight units have also been endlessly remodeled on the interior with new water heaters, paint, kitchen cabinetry, appliances, bathroom vanities, toilets, light fixtures and fans, and beautiful granite countertops throughout. All three buildings have unfinished basements that supply shared laundry units for the tenants, as well as their own personal (locked) storage areas. There are a total of six 2bed, 1bath units and two 1bed, 1bath units. All units, with exception to 6417 & 6423 are currently occupied with quality tenants and leases in place. Only two units are currently under a month-to-month lease agreement; however, renewals have been sent out and will secure them for a year lease. The two vacant units currently have a waiting list for tenants but we are leaving vacant currently to allow showings for buyers to walk through. Another great benefit to this package of properties is that they do allow for Section 8 housing! If you are searching for a low-maintenance, remodeled, cash flowing package deal this is it!!! ***Units 6417 & 6423 are available for showings, with other units being accessible for viewing after an acceptable offer has been received. Business documents are available for serious buyers that can present proof of funds or financing to the listing agent.
Exterior Features

Construction Materials Brick Full Parking Features 1 per Unit Parking Total 8 Roof Composition

Interior Features

Appliances DisposalRange/OvenRefrigerator Basement Unfinished Basement Finish Per NoneView Out Basement Use Tenant LaundryTenant Storage Cooling Central ElectricWindow Unit(s) Heating Forced Air

Property Features

Architectural Style Side by Side Association YN No Current Financing Other Lot Size Area 8954 Owner Finance YN No Ownership Individual Property Sub Type Four to Sixplex Street Additional Info 6431 E Cottonwood Ln Tax Annual Amount 2099.11 Tax Year 2023 Terms Of Tenancy Month to Month1 Year or More Transaction Type For Sale Utilities GasPublicSewer Available

Listing courtesy of Josh Roy of Keller Williams Hometown Partners: SCK650 .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-20T15:54:33.663.
 
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The Boulevard Group
1841 N Rock Rd. Ct. Suite 100
Wichita KS, 67206

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Josh Roy of Keller Williams Hometown Partners SCK650 .