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Key Details
Sold Price $799,900
Property Type Apartment
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $66
MLS Listing ID SCK620871
Sold Date 07/07/23
Style Garden
Total Fin. Sqft 12000
Originating Board sckansas
Year Built 1993
Annual Tax Amount $7,026
Tax Year 2022
Lot Dimensions 38750
Property Sub-Type Apartment Complex
Property Description
Fantastic investment opportunity in a prime location! This 12-unit property, built in the 1990s, is in excellent condition and offers spacious 2-bedroom, 1-bathroom units with 1,000 square feet of living space. The units come equipped with all kitchen appliances, making move-in a breeze for tenants. With its modern construction and well-maintained interiors, this property offers a low-maintenance investment opportunity with significant potential for rental income. Don't miss out on this amazing chance to add a high-performing property to your investment portfolio! 4-plex status for each building allows for residential real estate taxes instead of commercial taxing. Roof and siding are only a few years old. Each apartment has been maintained between each tenant change. This property is ready to cash-flow. Call for a private tour today!
Location
State KS
County Cowley
Direction Head south on Main street, turn east on 19th Avenue, turn south on Mound, turn east on 20th and property is on your right.
Rooms
Basement None
Interior
Heating Central Gas
Cooling Central Electric
Flooring Carpet, Other - See Remarks
Fireplace No
Appliance Dishwasher, Range/Oven, Refrigerator
Heat Source Central Gas
Exterior
Garage Description 1 per Unit, Covered, Street Parking
Utilities Available Gas, Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 12
Building
Unit Features [{\"UnitTypeActualRent\":700,\"UnitTypeBedsTotal\":12,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK620871Group_2\"}]
Architectural Style Garden
Structure Type Brick Veneer,Vinyl
Schools
Elementary Schools Winfield Schools
Middle Schools Winfield
High Schools Winfield
School District Winfield School District (Usd 465)
Others
Security Features Smoke Detector(s)
Financing None
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