$1,085,000
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15,456 SqFt
SOLD DATE : 06/22/2021
Key Details
Sold Price $1,085,000
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 15,456 sqft
Price per Sqft $70
Subdivision Garland
MLS Listing ID SCK594144
Sold Date 06/22/21
Style Side by Side
Total Fin. Sqft 15456
Originating Board sckansas
Year Built 1950
Annual Tax Amount $6,858
Tax Year 2020
Lot Dimensions 48110
Property Sub-Type Four to Sixplex
Property Description
TURNKEY INVESTMENT PROPERTY! This is a great opportunity to purchase a well managed package of fourplexes with low vacancy. The property consists of 7 buildings. Each building includes (1) one bedroom unit and (3) two bedroom units. The tenants pay for gas, water and electric. The landlord pays for trash, seasonal mowing and the parking lot light. There is ample parking available. The landlord provides a laundry washer and dryer to some of the units in which he can charge extra rent for. The units are gas heated with window AC units. The current management has done a quality job in updating many of the units and also keeping the property mostly occupied year around.
Location
State KS
County Sedgwick
Direction From 25th and Broadway, go west to Parkplace and turn left onto parkplace for all units.
Rooms
Basement None
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance None
Heat Source Forced Air
Exterior
Garage Description 1 per Unit
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 28
Building
Unit Features [{\"UnitTypeActualRent\":400,\"UnitTypeBedsTotal\":7,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK594144Group_1\"},{\"UnitTypeActualRent\":475,\"UnitTypeBedsTotal\":21,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK594144Group_2\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 3\",\"UnitTypeKey\":\"SCK594144Group_3\"}]
Architectural Style Side by Side
Structure Type Frame
Schools
Elementary Schools Adams
Middle Schools Robinson
High Schools North
School District Wichita School District (Usd 259)
Others
Financing None
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