Recently updated fourplex investment opportunity now available for purchase. Excellent location near Friends University and Newman University. This investment offers stable cash flow with a low vacancy rate. The property produces an annualized 10%-11% cap rate of return based on full occupancy after operating expenses. Existing tenants have undergone financial review and background checks. All tenants are on one year lease terms. The seller is a licensed real estate sales person in the state of Kansas.
Off market
Street View
$159,600
1425 W Maple St, Wichita, KS 67213
2beds
0baths
1,952sqft
MultiFamily
Built in 1920
-- sqft lot
$159,600 Zestimate®
$82/sqft
$930 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Forced air
Cooling
- Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,952 sqft
Property
Features
- Exterior features: Stucco, Wood
Lot
- Size: 4,356 sqft
Details
- Parcel number: 087129300110200400
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Other
- Roof: Composition
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Wichita