Description
This side-by-side duplex is the perfect addition to your investment portfolio! Both units are currently rented, providing immediate income. Each side of the duplex features 2 bedrooms and 1 bathroom, with finished basements offering additional living space, laundry, and storage. The property generates a solid rental income, with each unit renting from $850 per month. One tenant has just signed a new 1-year lease starting October 1 going through September 31, 2025, offering stability for the new owner. The other tenants lease is through May 31, 2025. Utilities are paid by the tenants, reducing your expenses and maximizing your return. Each unit enjoys its own private, wood-fenced backyard providing outdoor space for tenants- an attractive feature for renters. Situated in a convenient location, this property is close to local amenities making it a great place to live. Whether you're a seasoned investor or just getting started, this turnkey duplex offers steady cash flow with potential for future rent increases. Don't miss this opportunity to own a solid income-generating property in Wichita!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,250SQFT
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$82$/SQFT
School Information
Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Colt Callison of Provident Realty .
Description
This side-by-side duplex is the perfect addition to your investment portfolio! Both units are currently rented, providing immediate income. Each side of the duplex features 2 bedrooms and 1 bathroom, with finished basements offering additional living space, laundry, and storage. The property generates a solid rental income, with each unit renting from $850 per month. One tenant has just signed a new 1-year lease starting October 1 going through September 31, 2025, offering stability for the new owner. The other tenants lease is through May 31, 2025. Utilities are paid by the tenants, reducing your expenses and maximizing your return. Each unit enjoys its own private, wood-fenced backyard providing outdoor space for tenants- an attractive feature for renters. Situated in a convenient location, this property is close to local amenities making it a great place to live. Whether you're a seasoned investor or just getting started, this turnkey duplex offers steady cash flow with potential for future rent increases. Don't miss this opportunity to own a solid income-generating property in Wichita!
This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. 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: 2024-12-09T10:00:59.293.