Minnesota Properties
$299,900
432/436/442 North Minnesota Avenue, Wichita, KS 67214
-7
Occupancy
12
Units
Details:
Highlights:
- - 3 adjacent buildings for flexible investment options
- - Centrally located for convenience
- - Strong cash flow potential after renovation
- - Promising area with ongoing renovations
- - Situated on a quiet dead-end street
- - Opportunity for value-add strategies
- - Spacious garden-style property
- - Unique investment opportunity in Wichita area
- - Potential for increased occupancy and profitability
- - Seller Finance option!
Description:
Investors! Here is your opportunity to own 3 buildings and renovate them to fit your financial needs! 1 bedroom apartments in this area rent for $650-$800 and 2 bedrooms are $750-$900. If you run those numbers, you can see the potential! Once renovated this will be cash flowing very quickly! This portfolio offers 3 brick buildings with each building having 4 units with the possibility of 432 having a 5th in the basement. Basement was previously an apartment. All 3 buildings have usable basements for storage, laundry or whatever. Each one has over 1k sq ft in the basement. Owner is even willing to do an Owner Carry, please reach out for details!
Great location on a dead end street. This is a centrally located property with lots of potential! These 3 buildings have a lot of potential and are ready to be finished! They could be boutique style apartments, sober living, or any kind of group home! Great bones and framing is all there! The buildings have been cleaned out and are ready for renovation! Roofs are all only a few years old and in great condition. With its convenient location for commuters and access to a variety of dining and shopping destinations, the area showcases the appeal of multifamily living in this growing city. Experience the ideal blend of city convenience and local charm at this prime location.
Location
Gallery
