703-709 S Hydraulic St, Wichita, KS 67211

Rare chance to secure two duplexes on one parcel at 703–709 S Hydraulic St. This four-unit package has just been updated from top to bottom, positioning it for strong rents and low future maintenance. Updates include new siding in 2025, a new roof in 2024, all new LVP throughout every unit, fresh interior paint, new toilets and vanities, repaired stairs, new front concrete and supports, and two units with brand new appliances. Each unit offers a large living room on the main floor, a kitchen and dining combo with a back door to a private fenced area, and a front entry with a clean concrete porch. Upstairs you will find two bedrooms and one bathroom in every unit, providing a consistent and easy-to-rent layout. All basements house the mechanicals, laundry hookups, and generous storage space, a major bonus for tenants and long-term durability. With renovations just completed, occupancy is currently at 50 percent while the other two units are actively being leased at $900 per month. Once fully occupied, projected gross income is approximately $3,600 per month or more than $43,000 annually. House hackers will appreciate that a conventional loan may qualify for as little as 5 percent down, making this an affordable way to live in one unit while renting the others. Security cameras are already installed. Tenants pay gas and electric. Landlord covers lawn, water, sewer, and trash. The South Hydraulic location keeps acquisition costs affordable while offering quick access to Old Town, downtown, and Kellogg. With significant capital improvements already completed and immediate income potential, this property is a smart addition to any portfolio and a rare chance to own four fresh, turn-key units on one parcel. ONLY SHOWING VACANT UNIT(S). DO NOT DISTURB TENANTS.