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3371-3381 E Neely Ct

Wichita, KS 67210
  • $399,950
  • STATUS: Active
  • MLS #: 604400
UPDATED: 32 min ago
$399,950
  • 0
    BEDS
  • 36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,672
    SQFT
  • $239
    $/SQFT
Neighborhood:
516
Type:
Multi-Family
Built:
1942
County:
Area:
516

School Information

Elementary School:
Middle School:
High School:

Listing information © 2021 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of James Milne of Exp Realty, Llc.




Description

Investors dream! Great opportunity to build a cash flowing real estate portfolio instantly. This is an 11 unit listing, consisting of 4 duplexes, a tri-plex, and a two car storage garage. Being sold AS-IS as a package deal 3371,3381 E Neely Ct (Duplex) with 3321,3331 E Neely Ct (Duplex), and 3085, 3091, 3093 S Rutan (Tri-plex) , 3095, 3097 S Rutan (Duplex), and 3041, 3049 S Rutan (Duplex). Meets the 1% rule as is with current rents, AND has rent increase and value add opportunities! Currently 7 units are rented, with placement of 2 additional units in progress that should be done before closing. Gross income listed does NOT include those units rented. New windows in some of the units in 2021. The 3041,3049 duplex needs a small amount of renovation, but should be able to quickly be ready for tenant placement. Please do not bother the tenants. Properties can be shown on a scheduled basis with provided proof of funds. The owner pays trash and lawn service. Dont miss this great investment opportunity. All information is deemed reliable but not guaranteed.

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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: 2021-11-29T12:00:43.22.
www.wichitahometeam.com/homes/123113422
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3371-3381 E Neely Ct Wichita, KS 67210

  • Price: $399,950
  • Status: Active
  • On Site: Days
  • Updated: 32 min ago
  • MLS #: 604400
0
Beds
0
Baths
0
½ Baths
36
Acres
1,672
SQFT
$239
$/SQFT
1942
Built
Neighborhood:
516
County:
Sedgwick
Area:
516
Elementary School:
Colvin
Middle School:
Jardine
High School:
East
School District:
Wichita School District (Usd 259)
Property Description
Investors dream! Great opportunity to build a cash flowing real estate portfolio instantly. This is an 11 unit listing, consisting of 4 duplexes, a tri-plex, and a two car storage garage. Being sold AS-IS as a package deal 3371,3381 E Neely Ct (Duplex) with 3321,3331 E Neely Ct (Duplex), and 3085, 3091, 3093 S Rutan (Tri-plex) , 3095, 3097 S Rutan (Duplex), and 3041, 3049 S Rutan (Duplex). Meets the 1% rule as is with current rents, AND has rent increase and value add opportunities! Currently 7 units are rented, with placement of 2 additional units in progress that should be done before closing. Gross income listed does NOT include those units rented. New windows in some of the units in 2021. The 3041,3049 duplex needs a small amount of renovation, but should be able to quickly be ready for tenant placement. Please do not bother the tenants. Properties can be shown on a scheduled basis with provided proof of funds. The owner pays trash and lawn service. Dont miss this great investment opportunity. All information is deemed reliable but not guaranteed.
Exterior Features

Architecture Other Construction Concrete-PouredFrameHardboard Lot Size Or Sq Ft 11482 Parking 2 Per Unit Parking1 4 Roof Composition

Interior Features

2 Bed Units 6 3 Bed Units 5 Appliances Over/RangeRefrigeratorTrash Basement None Basement Finish None Basement Use None Cooling Window Unit Floors CarpetOther/See RemarksTile Heating Central ElectricForced Air Levels One

Property Features

Age 51 - 80 Years Amenities And Safety Smoke/Heat Detector Flood Insurance Unknown Gross Income 39840 HOA No Multifamily Type Twin/Duplex Owner Finance No Owner Paid Expenses Lawn MaintenanceTrash Property Taxes 2283 Rent2 Bed Unit 495 Rent3 Bed Unit 595 Sq Ft Source Court House Tax Specials Annual 62.4 Tax Specials Total 0 Tax Year 2020 Tenant Paid Expenses ElectricGasWater/Sewer Terms Of Lease 1 Year Or More6 Months Or Less6 Months To 1 YearMonth To Month Utilities Natural GasPublicSewer

Listing courtesy of James Milne of Exp Realty, Llc.


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: 2021-11-29T12:00:43.22.
 
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Kirk Short's Wichita Home Team
1635 Waterfront Pkwy, ste 150
Wichita KS, 67206

Listing information © 2021 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of James Milne of Exp Realty, Llc.