Excellent investment opportunity with this three-unit multifamily property featuring strong income, updated capital improvements, and future upside potential. Each apartment is separately metered for gas and electric, with tenants billed back monthly for water/sewer, keeping operating expenses low for the owner. Please allow a minimum of 48 hours’ notice to schedule a showing in order to provide proper notification to tenants. Unit 1 (Main Level): 1-bed/1-bath leased at $595/month, lease expiring September 2025. Unit 2 (Second Level): 3-bed/1-bath rented at $750/month, tenant currently month-to-month. Unit 3 (Top Floor): 1-bed/1-bath leased at $450/month through October 2025. Gross Scheduled Income: $21,540 annually at current rents.
For sale
Price cut: $2K (9/15)
$118,000
711 SW Buchanan St, Topeka, KS 66606
--beds
--baths
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Est.:
Duplex, Multi Family
Built in 1900
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$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 109 days |
- 138 |
- 4 |
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