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Pending
  • $140,000

    1262 SW Clay St, Topeka, KS 66604

    3beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1859
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New flooring
    This multi-unit property is fully set up and ready to operate as a sober living facility, or it can be adapted to suit your investment goals. Two units have been recently updated with new flooring, paint and more. Two units are vacant and one is occupied. When fully rented, the property generates approximately $2,460/month in income. Based on typical lender requirements, a 25% down payment (around $35,000) would leave an investor with an estimated $105,000 mortgage—roughly $1,000/month. That leaves nearly $1,500/month in potential cash flow!
    11 days
    on Zillow
    |
    470
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 08:28am

    Listed by:

    John Ringgold 785-806-2711,

    KW One Legacy Partners, LLC

    Source: Sunflower AOR,MLS#: 238902MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Wood
    • Has fireplace: No

    Property

    Details
    • Parcel number: R43339
    • Zoning description: R-2 Single Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1859

    Utilities & green energy

    • Electric: Separate Electric Meters
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Throops Addn
    Location
    • Region: Topeka

    Financial & listing details

    • Tax assessed value: $2,160
    • Annual tax amount: $1,877
    • Price range: $140K - $140K
    • Date on market: 4/15/2025
    • Lease term: 12 Months
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