$625,000
Special Offer:
(If you do not have an agent and work directly with the listing agent)
No
About This Home
Fully occupied 12-unit apartment complex in southwest Wichitaa??an ideal turnkey investment offering steady income and simple management. The property includes two side-by-side 6-unit buildings (1322 & 1326 S Vine St) on separate lots, with each unit rented and producing a combined gross income of $6,665 per month ($79,980 annually). All units are one-bedroom, one-bath, single-story layoutsa??no stairs or basementsa??making them easily accessible and simple to maintain. Each apartment features central heat and air, a front entry plus a back sliding-glass door leading to a private fenced patio area. Tenants enjoy separate gas and electric meters, while the owner pays only for water. The buildings have paved parking for each unit and are conveniently located just minutes from Friends University, Newman University, and US-400 (Kellogg) for an easy commute to anywhere in Wichita. These well-kept units stay rented and offer consistent cash flow in a strong rental marketa??an excellent addition to any portfolio.
Location
1322 S Vine St Wichita, KS 67213
Listing Agent
