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Melanie D. Johnson

Realty World Alliance-West 13t

• Main Phone (316)650-5926

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Wichita Area Association of Realtors?

Property Description

Great Investment property. Excellent ... condition. 4 - ONE bedroom units, renting from $350-$375 each. 100% Occupied and very easy to keep that way due to the great care the owners and tentants keep of this unit. Section 8 approved. Each Unit has its own central air and heat w/a couple units being new. Unit 3&4 Recently remodeled, with nice appliances, countertops, floors and paint, and tile. Newer washer and dryer in community laundry on main floor. Exterior of home in good condition with newer roof and lots of character. Off street parking in the alley for the tenants. Two car detached garage used for landlord storage could easily be rented to tenants for additional income. Property has 5 seperate meters, one for each unit and one for commons area paid by landlord. Tenants pay their own gas and electric. Owner pays for common areas, gas, water, trash and maintainence. This is a great investment even with lower rents the ROI is still 10-11%. MLS# 258972.

Property Features

• Market Status Available
• Property Type Multi Family
• Year Built 1895