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    1740 N Minneapolis St

    Wichita, KS 67214
    • $975,000
    • STATUS: Active
    • MLS #: 593017
    $975,000
    • 0
      BEDS
    • 8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,540
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:
    Area:
    418

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great investment opportunity! Over 90% occupied and ready to make you money! All 24 units are 3 bedrooms putting them at $40.6K a unit! Over the last 2-3 years 40K worth of make ready repairs have been made including water heaters, air conditioners, plumbing, electrical, and more. Currently at a gross yearly income of $131,460 with the opportunity of $144,000 at full capacity. Owner owns all appliances at the moment including window units. Tenants pay gas, electric, and $30 water fee. Owner pays water and trash as well as lawn maintenance. Parking is paved and provides 1 spot per unit as well as street parking.

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    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2021 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-21T00:00:40.633.
    www.wichitahometeam.com/homes/114877743
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    1740 N Minneapolis St Wichita, KS 67214

    • Price: $975,000
    • Status: Active
    • MLS #: 593017
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8
    Acres
    15,540
    SQFT
    $63
    $/SQFT
    1969
    Built
    Neighborhood:
    Kansas
    County:
    Sedgwick
    Area:
    418
    Elementary School:
    L'ouverture
    Middle School:
    Pleasant Valley
    High School:
    Heights
    School District:
    Wichita School District (Usd 259)
    Property Description
    Great investment opportunity! Over 90% occupied and ready to make you money! All 24 units are 3 bedrooms putting them at $40.6K a unit! Over the last 2-3 years 40K worth of make ready repairs have been made including water heaters, air conditioners, plumbing, electrical, and more. Currently at a gross yearly income of $131,460 with the opportunity of $144,000 at full capacity. Owner owns all appliances at the moment including window units. Tenants pay gas, electric, and $30 water fee. Owner pays water and trash as well as lawn maintenance. Parking is paved and provides 1 spot per unit as well as street parking.
    Exterior Features

    Architecture Combo Garden/Th Construction Frame Lot Size Or Sq Ft 38199 Parking 1 Per UnitPaved Parking1 24 Roof Composition

    Interior Features

    3 Bed Units 24 Appliances Over/RangeRefrigerator Basement Lower Level Basement Finish None Basement Use None Cooling Window UnitOther/See Remarks Heating Wall Furnace/BaseboardOther/See RemarksNatural Gas Levels Three Or More

    Property Features

    Age 51 - 80 Years Flood Insurance Unknown Gross Income 131460 HOA No Multifamily Type Apartment Complex Owner Finance No Owner Paid Expenses Lawn MaintenanceTrashWater/Sewer Property Taxes 5604.76 Sq Ft Source Court House Tax Specials Annual 187.2 Tax Specials Total 187.2 Tax Year 2020 Tenant Paid Expenses ElectricGasWater/Sewer Terms Of Lease 6 Months Or Less6 Months To 1 YearMonth To Month Utilities Natural GasPublicSewer

    Listing information © 2021 South Central Kansas Multiple Listing Service, Inc. Listing provided courtesy of Keller Williams Signature Partners.


    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2021 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-21T00:00:40.633.
     
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