Description
Great investment opportunity! Triplex with (3) 1-bedroom, 1-bathroom units in Southeast Wichita! Currently, twoout of the three units are rented.Each unit features white trim throughout with a living room that opens upto the kitchen with eating space. The kitchen also includes outside access, a refrigerator, and an oven. One large bedroom and a full bathroom with a tub/shower combination complete the units. Total monthly income of $975with an annual income of $11,700.However, given the current market and recent updates, there is potential for much more income. Landlord pays for water, sewer, and trash. Tenant pays for electricity and gas.The units are on separate gas and electric meters. Unit 1 is rented for $525, month to month, with a $525 security deposit. This unit hasa basement with a family room and additional storage space. Unit 2 is rented for $450, month to month, with a $450 security deposit, per the seller. Unit 3 is vacant but was previously rented for $475. Per the seller, this propertywas completely renovated in 2019 which includes new windows, doors, HVAC units, electrical, pumping, fixtures, toilets, appliances, flooring, interior paint, and window blinds.
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0BEDS
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25ACRES
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0BATHS
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01/2 BATHS
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3,012SQFT
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$50$/SQFT
School Information
Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Isaac Klingman of Mccurdy Real Estate & Auction, Llc.
Description
Great investment opportunity! Triplex with (3) 1-bedroom, 1-bathroom units in Southeast Wichita! Currently, twoout of the three units are rented.Each unit features white trim throughout with a living room that opens upto the kitchen with eating space. The kitchen also includes outside access, a refrigerator, and an oven. One large bedroom and a full bathroom with a tub/shower combination complete the units. Total monthly income of $975with an annual income of $11,700.However, given the current market and recent updates, there is potential for much more income. Landlord pays for water, sewer, and trash. Tenant pays for electricity and gas.The units are on separate gas and electric meters. Unit 1 is rented for $525, month to month, with a $525 security deposit. This unit hasa basement with a family room and additional storage space. Unit 2 is rented for $450, month to month, with a $450 security deposit, per the seller. Unit 3 is vacant but was previously rented for $475. Per the seller, this propertywas completely renovated in 2019 which includes new windows, doors, HVAC units, electrical, pumping, fixtures, toilets, appliances, flooring, interior paint, and window blinds.
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. 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: 2022-05-26T00:00:44.967.