1018 N Market St, Wichita, KS 67214

This lovely Victorian home (built for a doctor in 1887) has a Conditional Use Permit to be used as a B&B, but it doesn’t have to be used exclusively as a B&B . . . it could simply be used as a single family home (or a combination of both). In addition to the large 3-story Main House w/ full basement there’s also a substantial 2-story Carriage House that’s been renovated into: (a) one-car garage w/ work shop (lights, heat and a/c), (b) a lovely loft apartment w/ full kitchen and bath and (c) a clean & comfy Studio apartment with full kitchen & bath (both apts have separate utilities from the Main House). Presently (09/2016) both apts are currently rented each for $600/month or $1,200/monthly. The Main House has on the 3rd floor a completely finished 3rd floor ballroom apartment or owner’s quarters w/ full bath and full kitchen. The 3rd floor is also currently rented as an apartment for $800/month which with income from the Carriage House yields $2,000/month in passive income and rents could likely be increased by $200/ mo, yielding $2,200/mo in passive income). None of the rents have been increased for at least 6 years. This leaves approx. 3,611 sq. ft. of finished living space on the 1st and 2nd floors of the Main House for the owner (3,611 sq. ft does not include square footage in the basement which has the laundry room & several rooms for storage). First floor living space includes: two formal parlors (both w/ ornate fireplaces), A large front foyer w/ a 3rd fireplace, formal dining room w/ ornate faux fireplace, kitchen w/ breakfast room, office / den, half-bath and large (12'-wide) wrap-around porch. Second floor living space includes: A large central hallway that runs the length of the house four bedrooms (three of which have full baths attached / included in room) A sleeping porch (8’ x 15’) Full basement (approximately 1,500 sq. ft) includes: 4 large rooms (partially finished and partially not - 2 rooms w/ concrete floors and sheet rock), laundry room w/ sump pump, Other smaller rooms and spaces Stained glass windows throughout (13 stained glass windows in total)! Landscaped! A solid bones-are-good Victorian. Entire property fenced. A total of four full kitchens in the property - one on the 1st floor of the main house w/ double gas ovens, 6-burner gas stove, LARGE gas griddle & broiler. The second full kitchen is on the 3rd floor of main housel. Other two kitchens are in the Carriage House apartments. Main house is zoned central heating and cooling (one unit for the upper 2 flrs & one unit for the lower 2 flrs). Gazebo in side yard w/ elect & lights. Three fountains - one large multi-tiered. Sedg. County currently has property now appraised at $359,000. Needs a little work here and there. Good shape w/ lots of bells & whistles!