PRICE REDUCED - Residential Tri-Plex Investment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30613218
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 3,701 SF
Gross Land Area: 6,575 SF
Sale Price: $299,000
Unit Price: $99,666.67 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 7.0%
Last Updated: 9/4/2020

Overview / Comments

- Location: West of Hillside on Douglas
- 2019 Taxes: $3,992.12
- Easily converted back to office/retail use
- Below market rents
- Landlord pays gas, electric, water & trash
- Granite countertops
- Stainless steel appliances

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087125220410300100
Zoning: LIMITED COMMERCIAL
Percent Occupied: 100%
Site Description: Area Neighbors: Dillons, Westlake Ace Hardware, Two Brothers BBQ, Harry’s Uptown, R&J Discount Liquor, Margaritas Cantina, Crown Uptown, Vora European Restaurant and many more!
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1920
Zoning Description: LC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,369 127,650 253,946
Median Age: 32.4 32.66 33.58
Households: 7,232 51,808 103,627
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