6417 E Cottonwood Ln $750,000

    Close

    6417 E Cottonwood Ln Wichita, KS 67207

    • 0 Beds
    • 0 Baths
    • 1,650 sq. ft.
    • Multi-Family
    • MLS# 636802
    Favorite Share
    Views: 22

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Amazing investment properties for sale located right in the heart of Wichita!! This package deal offers the rare opportunity to pursue an expansion of your current investment portfolio by adding two duplexes and a quadplex, all conveniently located right beside each other and very close to Kellogg. Imagine taking new ownership of three meticulously renovated units that are immediately cash flowing and in great condition! The quadplex is situated right between the two duplexes, all sharing a newly-poured parking lot for the tenants so they don't have the hassle or worry of parking on the street. The renovations start on the exterior boasting new exterior paint, newer roofing and windows. Six of the eight units have also been endlessly remodeled on the interior with new water heaters, paint, kitchen cabinetry, appliances, bathroom vanities, toilets, light fixtures and fans, and beautiful granite countertops throughout. All three buildings have unfinished basements that supply shared laundry units for the tenants, as well as their own personal (locked) storage areas. There are a total of six 2bed, 1bath units and two 1bed, 1bath units. All units, with exception to 6417 & 6423 are currently occupied with quality tenants and leases in place. Only two units are currently under a month-to-month lease agreement; however, renewals have been sent out and will secure them for a year lease. The two vacant units currently have a waiting list for tenants but we are leaving vacant currently to allow showings for buyers to walk through. Another great benefit to this package of properties is that they do allow for Section 8 housing! If you are searching for a low-maintenance, remodeled, cash flowing package deal & this is it!!! ***Units 6417 & 6423 are available for showings, with other units being accessible for viewing after an acceptable offer has been received. Business documents are available for serious buyers that can present proof of funds or financing to the listing agent.

    • General Features
      • Approximate Age 51 - 80 Years
      • General Tax Year 2023
      • Lot Size Sq Ft 8954
      • Property Taxes $2,099
      • Property Type Four to Sixplex
      • Total Specials $0
      • Year Built 1949
      • Yearly Specials $0
    • Building Features
      • Number of Stories One
      • Style Side By Side
      • Roof Composition
      • Exterior Construction All Brick
      • Basement Yes - Unfinished
      • Cooling Central Electric, Window Unit
      • Heating Forced Air
      • Appliances Disposal, Over/Range, Refrigerator
    • Property Features
      • Utilities Natural Gas, Public, Sewer
      • Parking 1 per Unit
      • Flood Insurance Unknown
    • Schools
      • Elementary School Clark
      • High School Southeast
      • Middle School Curtis

    Contact

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    $0
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment
    * This payment calculator is intended for educational and planning purposes only.
    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Listing information comes in part from the InternetData Exchange program of the South Central Kansas MLS, and RE/MAX Kansas-Missouri. Real estate listings held by Brokerage firms other than RE/MAX Kansas-Missouri are marked with an IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is deemed reliable but not guaranteed, and all information should be verified by the consumer. Listing information last updated 5/3/2024 12:06:57 PM PST. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
    © Copyright 2024 South Central Kansas MLS. All rights reserved.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.