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Off market
  • $190,600

    907 S Broadway Ave, Wichita, KS 67211

    --beds
    0baths
    2,880sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $190,600 Zestimate®
    $66/sqft
    $823 Estimated rent

    Owner options

    List your home for rent

    $823/mo

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    $823/mo

    Rent Zestimate®

    Refinance and save

    $990/mo

    Est. payment

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    $990/mo

    Est. payment

    What's special

    Great income opportunity with this all brick fourplex located in south central Wichita. Property is close to a lot of traffic so will get a lot of exposure. Potential to create passive income or live in one unit and manage the other three to live in the property at a huge discount. Unit 1 and Unit 4 are currently tenanted on a month-to-month basis. Unit 4 has been a long term tenant at $400/mo. Unit 1 rents for $600/mo. Potential income with all four at $600/mo is $2400/mo or $28,800 gross income for the year. Unit 3 has access to the unfinished basement that could be charged extra for storage. Electric all on separate meters. Owner to pay water/sewer at approx $150-$200/mo. Water heater is shared and is new as of two years ago. Unit 3 gas is also paid for by owner, depending on the agreement with tenant. Original hardwood floors throught the living rooms. Photos show units 2 and 3, not able to show unit 1 and 4 without an offer. Please do not bother tenants. Lockbox is on unit 3 inside the storm door. Feel free to set up your showing today! No guarantee on which appliances are at each unit, but vacant ones will stay. No guarantee on appliances/furnaces/window a/c's to be functioning.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 2,880 sqft

    Property

    Features
    • Exterior features: Brick

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Wichita