Multi-Family for Sale
Catylist Listing ID: 30547743
Property Subtypes: Duplex/Fourplex
Number of Units: 6 Units
Building Size (RSF): 1,303 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $115,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/10/2020

Overview / Comments

DUPLEXES NEAR FRIENDS AND NEWMAN UNIVERSITY, FENCED YARDS, NO BASEMENTS, HANDICAP ACCESSIBLE, GREAT LOCATION, NO SPECIALS, LOW MAINTENANCE. This is a package of 3 duplexes with 3 beds and 2 baths in each unit. 131 N Joann has 1,303 SF and 2 car garage on each side. 135 and 137 N Joann have 1,146 SF and 1 car garage on each side. The two larger units rent for $1095 per month and the four smaller units rent for $995 per month. All 3 buildings are currently occupied with leases expiring February 29th, 2020. Property was leased very quickly at low rents to get occupied after construction so future potential to increase rents. Great location near schools and universities. No showings and please do not bother tenants. Offers made based off income and pictures subject to viewing the units.

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Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087136240310401100
Percent Occupied: 100%
Total Number of Buildings: 3
Property Condition: Excellent
Number of Stories: 1
Year Built: 2018
Laundry: In Each Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,416 107,348 228,078
Median Age: 33.28 35.08 34.59
Households: 6,483 44,695 90,368
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