6417 E Cottonwood Ln
Wichita,
KS
67207
Property Details
| List Price: |
$750,000 |
| Beds: |
14 |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
1650 |
| Agency: |
Hometown Partners, LLC |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
MultiFamily |
| Year Built: |
1949 |
| Notes: |
Amazing investment properties for sale located right in the heart of Wichita!! This package deal offers the rare opportunity to pursue an expansion of your current investment portfolio by adding two duplexes and a quadplex, all conveniently located right beside each other and very close to Kellogg. Imagine taking new ownership of three meticulously renovated units that are immediately cash flowing and in great condition! The quadplex is situated right between the two duplexes, all sharing a newly-poured parking lot for the tenants so they don’t have the hassle or worry of parking on the street. The renovations start on the exterior boasting new exterior paint, newer roofing and windows. Six of the eight units have also been endlessly remodeled on the interior with new water heaters, paint, kitchen cabinetry, appliances, bathroom vanities, toilets, light fixtures and fans, and beautiful granite countertops throughout. All three buildings have unfinished basements that supply shared laundry units for the tenants, as well as their own personal (locked) storage areas. There are a total of six 2bed, 1bath units and two 1bed, 1bath units. All units, with exception to 6417 & 6423 are currently occupied with quality tenants and leases in place. Only two units are currently under a month-to-month lease agreement; however, renewals have been sent out and will secure them for a year lease. The two vacant units currently have a waiting list for tenants but we are leaving vacant currently to allow showings for buyers to walk through. Another great benefit to this package of properties is that they do allow for Section 8 housing! If you are searching for a low-maintenance, remodeled, cash flowing package deal – this is it!!! ***Units 6417 & 6423 are available for showings, with other units being accessible for viewing after an acceptable offer has been received. Business documents are available for serious buyers that can present proof of funds or financing to the listing agent. |
| MlsNumber: |
636802 |
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| Listing Provided By: |
Hometown Partners, LLC, original listing |
| Name: |
Hometown Partners, LLC |
| Phone: |
(316) 729-8500 |
| Office Name: |
Keller Williams Hometown Partners |
| Office Phone: |
(316) 729-8500 |
| Agent Name: |
Josh Roy |
| Disclaimer: |
Copyright © 2024 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
