GREAT LOCATION, HARD TO FIND, LOTS OF UPSIDE, AND EASY TO RENT! This property consists of 2 duplexes that are set up with 1 office ($500 a month rent), 1 – 2 bedroom unit ($450 a month), and 2 – 1 bedroom units ($400 a month with one vacancy). The duplexes offer lots of upside potential, especially given the College Hill location. All utilities are split. Only landlord paid utilities are trash, mowing, and snow removal. As well, these assets will qualify for FHA, VA, and conventional financing! The Cap Rate, ROI, DCR, and COC are bringing well above market averages or expectations! This deal won’t last long!!
Off market
$303,400
407 S Oliver Ave #411-421-423, Wichita, KS 67218
--beds
--baths
3,599sqft
Duplex
Built in 1955
-- sqft lot
$303,400 Zestimate®
$84/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2023 at 01:29pm
Listed by:
Brian Brundage 800-268-8117,
Exp Realty, LLC
Source: SCKMLS,MLS#: 566477
Facts & features
Interior
Heating
- Natural Gas, Forced Air, Individual Unit
Cooling
- Multi Units, Electric, Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
Features
- Flooring: Carpet, Wood, Other
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 3,599 sqft
Property
Parking
- Total spaces: 12
- Parking features: 2 per Unit, Paved
Details
- Parcel number: 201731262304409012.00B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1955
Utilities & green energy
- Gas: Natural Gas Available
- Water: Public
- Utilities for property: Natural Gas Available, Public, Sewer Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Wichita
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Individual