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Key Details
Sold Price $1,150,000
Property Type Apartment
Sub Type Apartment Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 31,374 sqft
Price per Sqft $36
MLS Listing ID SCK618204
Sold Date 04/25/23
Style Garden
Total Fin. Sqft 31374
Year Built 1978
Annual Tax Amount $8,918
Tax Year 2021
Lot Dimensions 21550
Property Sub-Type Apartment Complex
Source sckansas
Property Description
This is a phenomenal income opportunity! This 24 unit apartment complex features 12 studio units & 12 1 bedroom units. All units were remodeled and the property is being turned over to Section 8 housing. what does this mean for the perspective new owner?? Guaranteed income every month! No more fighting to collect rent, this is an easy system. Currently there are other housing programs that are worked with as well! Looking for a long-term, appreciating plan? look no further. The stock market is down, look towards a stable place to park your money, this is it!
Location
State KS
County Sedgwick
Direction NORTH ON SENECA FROM PAWNEE. EAST SIDE OF THE ROAD.
Rooms
Basement None
Interior
Heating Individual Unit
Cooling Individual Units
Fireplace No
Appliance Disposal, Refrigerator
Heat Source Individual Unit
Exterior
Garage Description 1 per Unit, Paved
Utilities Available Public, Sewer Available
View Y/N Yes
Roof Type Composition
Total Parking Spaces 29
Building
Unit Features [{\"UnitTypeActualRent\":650,\"UnitTypeBedsTotal\":12,\"UnitTypeType\":\"Unit 1\",\"UnitTypeKey\":\"SCK618204Group_1\"}]
Architectural Style Garden
Structure Type Brick Full
Schools
Elementary Schools Woodman
Middle Schools Truesdell
High Schools South
School District Wichita School District (Usd 259)
Others
Financing Private
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