$180,000
$180,000
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1,656 SqFt
SOLD DATE : 10/15/2024
Key Details
Sold Price $180,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,656 sqft
Price per Sqft $108
Subdivision King-Michaelsen
MLS Listing ID SCK643782
Sold Date 10/15/24
Style Converted House
Total Fin. Sqft 1656
Year Built 1940
Annual Tax Amount $1,289
Tax Year 2023
Lot Dimensions 7182
Property Sub-Type Triplex
Source sckansas
Property Description
For Sale: Investment Opportunity - 1222 E Clark, Wichita, KS Price: $180,000 Property Type: 3-Unit Triplex Property Overview: This sharp 3-unit triplex is in top condition, offering a fantastic opportunity for long-term profits. Located in a prime area of Wichita, this property is fully occupied with long-term tenants, making it an ideal investment for those seeking stable rental income with minimal maintenance. Unit Details: Unit 1: Spacious 1-bedroom apartment with a long-term tenant, generating $650 per month. Recent updates include new luxury vinyl tile floors, fresh paint, updated lighting, new blinds, and a newly poured concrete driveway. Unit 2: Well-maintained 2-bedroom apartment in top condition. Features new LVT floors, fresh paint, ceiling fans, a new refrigerator, and a concrete driveway. Includes 2-car garage parking. Leased at $700 per month. Unit 3: Another excellent apartment with a long-term tenant, leasing for $550 per month. Recent upgrades include new paint and exterior stairs. Property Features: New exterior paint and calling throughout the complex Good windows and gutters 6-year-old roof Bi-monthly serviced HVAC system Owner pays water; tenants cover remaining utilities Investment Highlights: Real estate has always been a premier investment, but a triplex that needs nothing except a turnkey closing to a capable manager is a rare find. With all three units under recent one-year leases and long-term tenants in place, this property is ready to generate consistent income from day one. Don't miss out on this turnkey investment opportunity!
Location
State KS
County Sedgwick
Direction Use Google Maps
Rooms
Basement None
Interior
Heating Central Gas
Cooling Central Electric
Flooring Tile
Fireplace No
Appliance Range/Oven, Refrigerator
Heat Source Central Gas
Exterior
Garage Description 1 per Unit
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 3
Building
Unit Features [{\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK643782Group_1\"}]
Architectural Style Converted House
Structure Type Frame
Schools
Elementary Schools Anderson
Middle Schools Mead
High Schools South
School District Wichita School District (Usd 259)
Others
Security Features Fenced
Financing None
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