For Sale: Investment Opportunity - 1222 E Clark, Wichita, KS Price: $180,000 Property Type: 3-Unit Triplex Property Overview: This sharp 3-unit triplex is in top condition, offering a fantastic opportunity for long-term profits. Located in a prime area of Wichita, this property is fully occupied with long-term tenants, making it an ideal investment for those seeking stable rental income with minimal maintenance. Unit Details: Unit 1: Spacious 1-bedroom apartment with a long-term tenant, generating $650 per month. Recent updates include new luxury vinyl tile floors, fresh paint, updated lighting, new blinds, and a newly poured concrete driveway. Unit 2: Well-maintained 2-bedroom apartment in top condition. Features new LVT floors, fresh paint, ceiling fans, a new refrigerator, and a concrete driveway. Includes 2-car garage parking. Leased at $700 per month. Unit 3: Another excellent apartment with a long-term tenant, leasing for $550 per month. Recent upgrades include new paint and exterior stairs. Property Features: New exterior paint and calling throughout the complex Good windows and gutters 6-year-old roof Bi-monthly serviced HVAC system Owner pays water; tenants cover remaining utilities Investment Highlights: Real estate has always been a premier investment, but a triplex that needs nothing except a turnkey closing to a capable manager is a rare find. With all three units under recent one-year leases and long-term tenants in place, this property is ready to generate consistent income from day one. Don’t miss out on this turnkey investment opportunity!
Sold
Price Unknown
1222 E Clark St, Wichita, KS 67211
3beds
--baths
1,656sqft
Triplex
Built in 1940
-- sqft lot
$181,700 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2024 at 08:01pm
Listed by:
Mark Sudduth OFF:316-775-7717,
Sudduth Realty, Inc.
Source: SCKMLS,MLS#: 643782
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Central Gas
Cooling
- Central Electric
Appliances
- Included: Range/Oven
Features
- Flooring: Tile
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 3
- Parking features: 1 per Unit
Details
- Parcel number: 0871283304202014.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Gas: Gas
- Utilities for property: Public, Sewer Available
Community & neighborhood
Security
- Security features: Security Fence
Location
- Region: Wichita
- Subdivision: KING-MICHAELSEN
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Individual