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    1801-2031 E Wassall St

    Wichita, KS 67216
    • $2,350,000
    • STATUS: Active
    • MLS #: 600420
    UPDATED: 47 min ago
    $2,350,000
    • 0
      BEDS
    • 3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 31,941
      SQFT
    • $74
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:
    Area:
    515

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing information © 2021 South Central Kansas Multiple Listing Service, Inc.
    Listing provided courtesy of Rick Brock of Mccurdy Auction, Llc.




    Description

    Don't miss out on this incredible investment opportunity to purchase 15 triplexes, giving you a total of 45 units. These all brick, low maintenance properties are close to several amenities and less than five minutes from I-135. Each apartment consists of 2-bedrooms and 1-bathroom, with washer/dryer hookups and central heat and air. All units come with a refrigerator and a stove. The tenants are responsible for electric, gas and water (individually metered) and the landlord pays for lawn care and trash at $11 per cart per month. Each building has a common basement under the south unit. All apartments are rented except for one, which is only being left vacant for showings. This makes for an income of $22,995 per month, or $275,940 annually, providing a fantastic return on investment! Units are currently rented at a very conservative level and there is potential for future increases. Schedule your private showing today!!!

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    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2021 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-20T18:00:45.1.
    www.wichitarealestatesearch.com/homes/120242577
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    1801-2031 E Wassall St Wichita, KS 67216

    • Price: $2,350,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 600420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3
    Acres
    31,941
    SQFT
    $74
    $/SQFT
    1952
    Built
    Neighborhood:
    Industrial
    County:
    Sedgwick
    Area:
    515
    Elementary School:
    Anderson
    Middle School:
    Mead
    High School:
    South
    School District:
    Wichita School District (Usd 259)
    Property Description
    Don't miss out on this incredible investment opportunity to purchase 15 triplexes, giving you a total of 45 units. These all brick, low maintenance properties are close to several amenities and less than five minutes from I-135. Each apartment consists of 2-bedrooms and 1-bathroom, with washer/dryer hookups and central heat and air. All units come with a refrigerator and a stove. The tenants are responsible for electric, gas and water (individually metered) and the landlord pays for lawn care and trash at $11 per cart per month. Each building has a common basement under the south unit. All apartments are rented except for one, which is only being left vacant for showings. This makes for an income of $22,995 per month, or $275,940 annually, providing a fantastic return on investment! Units are currently rented at a very conservative level and there is potential for future increases. Schedule your private showing today!!!
    Exterior Features

    Architecture Side By Side Construction All Brick Lot Size Or Sq Ft 118643 Parking Paved Parking1 90 Roof Composition

    Interior Features

    2 Bed Units 45 Appliances Over/RangeRefrigerator Basement Yes - Unfinished Basement Finish None Basement Use Tenant Storage Cooling Central Electric Floors Carpet Heating Central Gas Levels One

    Property Features

    Age 51 - 80 Years Flood Insurance Unknown Gross Income 275940 HOA No Multifamily Type Apartment Complex Owner Finance No Owner Paid Expenses Lawn MaintenanceTrash Property Taxes 15112.65 Rent2 Bed Unit 425-570 Sq Ft Source Court House Tax Specials Annual 351 Tax Specials Total 351 Tax Year 2020 Tenant Paid Expenses ElectricGasWater/Sewer Terms Of Lease 6 Months Or Less6 Months To 1 YearMonth To Month Utilities Natural GasPublicSewer

    Listing courtesy of Rick Brock of Mccurdy Auction, Llc.


    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2021 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-20T18:00:45.1.
     
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    Graham Realtors
    9505 W. Central
    Wichita KS, 67212

    Listing information © 2021 South Central Kansas Multiple Listing Service, Inc.
    Listing provided courtesy of Rick Brock of Mccurdy Auction, Llc.