KS > Wichita
Wichita, KS 67211,1039 S Laura Ave A
Wichita, KS 67211,1039 S Laura Ave A
Wichita, KS 67211,1039 S Laura Ave A
Wichita, KS 67211,1039 S Laura Ave A
Wichita, KS 67211,1039 S Laura Ave A
Wichita, KS 67211,1039 S Laura Ave A
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Ben Meyer

Ben Meyer

+1(316) 600-7613
Listed by John Kumar • Braungardt Real Estate Services, LLC
$ 189,000
Est. payment | /mo

2,160 SqFt

Save
$ 189,000
Est. payment | /mo
Save

2,160 SqFt

Key Details

Property Type Multi-Family

Sub Type Four to Sixplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $87

MLS Listing ID SCK664803

Style Side by Side

Total Fin. Sqft 2160

Year Built 1955

Annual Tax Amount $943

Tax Year 2024

Lot Dimensions 9530

Property Sub-Type Four to Sixplex

Source sckansas

Property Description

This well-maintained fourplex presents a prime opportunity for investors to acquire a stable, cash-flowing asset with immediate upside potential through the leasing of renovated units. The entire property features a durable, low-maintenance all-brick exterior and is strategically located in a stable rental market. The property boasts a strong current occupancy, with two units already rented . Two units have been newly updated and are ready for immediate leasing at market rates, offering instant passive income potential once rented. Off-street parking space is available at the back of the building via an alleyway, providing convenience for residents. when fully occupied, the property offers established cash flow. Modern Interiors: Features brand new LVP (Luxury Vinyl Plank) flooring and fresh interior paint throughout. Each unit is a 1-bedroom, 1-bathroom apartment, approximately 540 sq. ft., an efficient and highly rentable size in the local market. This investment is an ideal opportunity for an investor seeking a turn-key property with a clear path to maximized returns. 24 hours Notice is required to show occupied units .

Location

State KS

County Sedgwick

Direction Take the Washington Ave exit from US-400 W/US-54 W. Continue on S Washington St. Drive to S Laura Ave to reach your destination

Rooms

Basement Unfinished

Interior

Heating Electric, Natural Gas

Cooling Window Unit(s)

Flooring Other

Fireplace No

Appliance None

Heat Source Electric, Natural Gas

Exterior

Garage Description 1 per Unit

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 4

Building

Unit Features [{\"UnitTypeActualRent\":495,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK664803Group_1\"},{\"UnitTypeActualRent\":495,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK664803Group_2\"},{\"UnitTypeActualRent\":495,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK664803Group_3\"},{\"UnitTypeActualRent\":495,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK664803Group_4\"}]

Architectural Style Side by Side

Structure Type Brick

Schools

Elementary Schools Washington

Middle Schools Mead

High Schools East

School District Wichita School District (Usd 259)

Others

Financing Conventional

Ben Meyer

+1(316) 600-7613

benm@teamhomehero.com

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