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1010 E 8th St N

Wichita, KS 67214
  • $245,000
  • STATUS: Active
  • MLS #: 625475
$245,000
  • 0
    BEDS
  • 50
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,325
    SQFT
  • $105
    $/SQFT
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Maxym Easley of Platinum Realty .




Description

Real Estate Investors! Here is your next Cash Flowing property that beats the 1% rule! This 4-plex has the potential to produce $2600+ per month when fully occupied. There are (3) 2-bedroom units and (1) 1-bedroom unit. Unit 1012 (1-bedroom) is currently rented for $575 per month. Unit 1016 (2-bedroom) is currently rented for $715/month. Units 1010 and 1014 are vacant at this time and have the potential monthly rent of $700+ each. The property has been and is currently managed by a local professional property management company. Owner pays trash. Tenants pay water and electricity. Each unit has its own meters. 6' tall privacy fence in the backyard. Recent property improvements include some new flooring, new kitchen sinks, redone bathrooms, up to code electrical, vinyl windows, and much more. This property also qualifies as an excellent House-Hack. Live in one unit while renting out the rest! Add this to your real estate portfolio or begin that portfolio now with this well taken care of 4-plex!

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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. ©2023 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: 2023-10-01T00:00:44.72.
www.seewichitahomes.com/homes/139907598
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1010 E 8th St N Wichita, KS 67214

  • Price: $245,000
  • Status: Active
  • On Site: Days
  • MLS #: 625475
0
Beds
0
Baths
0
½ Baths
50
Acres
2,325
SQFT
$105
$/SQFT
1950
Built
County:
Sedgwick
Elementary School:
Park
Middle School:
Marshall
High School:
North
School District:
Wichita School District (Usd 259)
Property Description
Real Estate Investors! Here is your next Cash Flowing property that beats the 1% rule! This 4-plex has the potential to produce $2600+ per month when fully occupied. There are (3) 2-bedroom units and (1) 1-bedroom unit. Unit 1012 (1-bedroom) is currently rented for $575 per month. Unit 1016 (2-bedroom) is currently rented for $715/month. Units 1010 and 1014 are vacant at this time and have the potential monthly rent of $700+ each. The property has been and is currently managed by a local professional property management company. Owner pays trash. Tenants pay water and electricity. Each unit has its own meters. 6' tall privacy fence in the backyard. Recent property improvements include some new flooring, new kitchen sinks, redone bathrooms, up to code electrical, vinyl windows, and much more. This property also qualifies as an excellent House-Hack. Live in one unit while renting out the rest! Add this to your real estate portfolio or begin that portfolio now with this well taken care of 4-plex!
Exterior Features

Architecture Side By Side Construction All Brick Lot Size Or Sq Ft 7887 Parking 2 Per Unit Parking1 8 Roof Composition

Interior Features

1 Bed Units 1 2 Bed Units 3 Appliances Over/RangeRefrigerator Basement None Basement Finish None Basement Use None Cooling Window Unit Heating Individual Unit Levels One

Property Features

Age 51 - 80 Years Flood Insurance Unknown Gross Income 2600 HOA No Multifamily Type Four To Sixplex Owner Finance No Owner Paid Expenses Lawn MaintenanceTrash Ownership Individual Property Taxes 941.96 Rent1 Bed Unit 575 Rent2 Bed Unit 715 Sale Or Rent For Sale Sq Ft Source Court House Tax Specials Annual 33.52 Tax Specials Total 33.52 Tax Year 2023 Tenant Paid Expenses ElectricWater/Sewer Terms Of Lease 1 Year Or More6 Months To 1 Year Utilities Sewer

Listing courtesy of Maxym Easley of Platinum Realty: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2023 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: 2023-10-01T00:00:44.72.
 
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Pinnacle Realty Group
125 E 2nd St.
Wichita KS, 67202

Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Maxym Easley of Platinum Realty .