$175,000
$185,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2,250 SqFt
SOLD DATE : 01/10/2025
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Twin/Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $77
MLS Listing ID SCK645554
Sold Date 01/10/25
Style Side by Side
Total Fin. Sqft 2250
Originating Board sckansas
Year Built 1967
Annual Tax Amount $2,195
Tax Year 2023
Lot Dimensions 11266
Property Sub-Type Twin/Duplex
Property Description
This side-by-side duplex is the perfect addition to your investment portfolio! Both units are currently rented, providing immediate income. Each side of the duplex features 2 bedrooms and 1 bathroom, with finished basements offering additional living space, laundry, and storage. The property generates a solid rental income, with each unit renting from $850 per month. One tenant has just signed a new 1-year lease starting October 1 going through September 31, 2025, offering stability for the new owner. The other tenants lease is through May 31, 2025. Utilities are paid by the tenants, reducing your expenses and maximizing your return. Each unit enjoys its own private, wood-fenced backyard providing outdoor space for tenants- an attractive feature for renters. Situated in a convenient location, this property is close to local amenities making it a great place to live. Whether you're a seasoned investor or just getting started, this turnkey duplex offers steady cash flow with potential for future rent increases. Don't miss this opportunity to own a solid income-generating property in Wichita!
Location
State KS
County Sedgwick
Direction From West St and Douglas Ave, head East on Douglas Ave, turn left on N McComas St, right on W 1st St N, the house is on the right.
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Central Electric
Fireplace No
Appliance Disposal, Range/Oven, Refrigerator
Heat Source Forced Air
Exterior
Garage Description 2 per Unit
Utilities Available Gas, Public Water, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 2
Building
Unit Features [{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK645554Group_2\"}]
Architectural Style Side by Side
Structure Type Brick Veneer,Vinyl
Schools
Elementary Schools Lawrence
Middle Schools Marshall
High Schools West
School District Wichita School District (Usd 259)
Others
Security Features Fenced
Financing Conventional
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