Instant income potential with minimal effort. This property features 3 units which is 100% occupied. Unit A is the 2 bedroom and is in a 1 year lease that started in March 2020, Unit B is the 1 bedroom and is currently month-to-month (lease started 7/2019), Unit C is the studio and is currently in a 1 year lease since Feb 2020. All tenants have verbally indicated desire to remain in their respective agreements. On the main level there is a vestibule area that can be accessed by all tenants for laundry. The property featured coin-op laundry at one time, however Unit A is currently using with no access by other tenants.
Off market
$127,700
329 E Avenue A, Hutchinson, KS 67501
4beds
3baths
2,048sqft
MultiFamily
Built in 1920
-- sqft lot
$127,700 Zestimate®
$62/sqft
$1,116 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Central
Features
- Furnished: Yes
Interior area
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Vinyl
Lot
- Size: 4,116 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Sewer: City Sewer
Community & neighborhood
Location
- Region: Hutchinson
Other
Other facts
- Class: MULTIFAMILY
- Sale/Rent: For Sale
- COOLING: Central Electric
- HEATING: Central Gas
- IND. UNIT APPL. & EQUIP.: Water Heater-GAS, Ceiling Fan(s), Appliances & Equip.-ALL
- LISTING TYPE: Excl. Right WITHOUT Res.
- ROOFING: Composition
- SEWER: City Sewer
- TENANCY TYPE: Mo-to-Mo (no written lse)
- TITLE EVIDENCE: Title Policy
- WATER: City Water
- Below Grade Source: CH
- Lead-Bsd Paint Disc. Req.: Yes
- Year Built Source: CH
- Basement/Storm Shelter: Yes
- Style: 2-Story +
- Approximate Age: 81+ Years
- NATURAL GAS: Included in Lease/Rent
- POSSESSION: On Closing
- UTIL/SERV. INCL. IN RENT: Water/Sewer, Natural Gas
- ELECTRICITY: Tenant Paid
- MISCELLANEOUS: Laundry-COMMON IN BLDG
- PARKING FACILITIES: Off Street parking
- IND. UNIT FEATURES: Unit Feat.-APPLY TO SOME
- Lot Type: Corner Lot
- IND. UNIT FEATURES: Deck
- EXTERIOR CONSTRUCTION: Vinyl Siding
- Type: 3 Family
- BASEMENT/FOUNDATION: Cellar
- LEASING DOCS ON FILE: Rent Roll
- IND. UNIT FEATURES: Furnished
- Status: UnderContract-Do NOT Show