$175,000
$179,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2,100 SqFt
SOLD DATE : 03/14/2025
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $83
Subdivision Whitlocks Replat
MLS Listing ID SCK648338
Sold Date 03/14/25
Style Side by Side
Total Fin. Sqft 2100
Originating Board sckansas
Year Built 1955
Annual Tax Amount $1,693
Tax Year 2024
Lot Dimensions 6805
Property Sub-Type Triplex
Property Description
This amazing new investment opportunity has just had the back unit updated with some new fixtures, features and has been freshly re-painted; now filled with a new tenant on a pre-paid year lease. The middle unit tenant just moved out end of December & unit will be made available for showings. The front unit is a larger 2 bedroom unit with central heat/air. Both of the 1 bedroom units have wall installed electric PTAC units for heat & a/c, similar to what you'd find in a hotel. #1 - 2 bedroom unit currently mo/mo with well paying tenant @$625/mo (Market rent after a make-ready would estimate this unit at $725-775/mo depending on exact finishes). #2 - 1 bedroom unit will rent for $625-675/mo after make-ready. #3 - 1 bedroom unit currently pre-paid 1 year lease at $650/mo. Fully occupied at these market rates puts an est. annual rent roll of $24,600.* Landlord pays for combined city water/sewer bill & provides shared trash carts in addition to the summertime mowing. Basement has ample storage for supplies and tools, while providing easy access for maintenance & repairs. ***Property has one recent vacancy in unit #2 that will be made available as a model unit for showings. Showings of the basement are also allowed. Property currently has professional property management; showings of the occupied units will be made available with ample notice to tenants and an acceptable offer that may be made contingent upon the viewings.
Location
State KS
County Sedgwick
Direction From Seneca & W. May St, West to S. Glenn, North towards Orient Blvd to Triplex
Rooms
Basement Unfinished
Interior
Heating Forced Air, Individual Unit, Other - See Remarks, Natural Gas
Cooling Central Electric, Other - See Remarks
Fireplace No
Appliance Dishwasher, Range/Oven, Refrigerator
Heat Source Forced Air, Individual Unit, Other - See Remarks, Natural Gas
Exterior
Garage Description 1 per Unit, Paved, Street Parking
Utilities Available Public Water, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 3
Building
Unit Features [{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK648338Group_1\"},{\"UnitTypeActualRent\":625,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK648338Group_2\"}]
Architectural Style Side by Side
Structure Type Brick Full
Schools
Elementary Schools Stanley
Middle Schools Hamilton
High Schools West
School District Wichita School District (Usd 259)
Others
Security Features Fenced
Financing Conventional
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