About this property

For Sale: Investment Opportunity - 1222 E Clark, Wichita, KS Price: $180,000 Property Type: 3-Unit Triplex Property Overview: This sharp 3-unit triplex is in top condition, offering a fantastic opportunity for long-term profits. Located in a prime area of Wichita, this property is fully occupied with long-term tenants, making it an ideal investment for those seeking stable rental income with minimal maintenance. Unit Details: Unit 1: Spacious 1-bedroom apartment with a long-term tenant, generating $650 per month. Recent updates include new luxury vinyl tile floors, fresh paint, updated lighting, new blinds, and a newly poured concrete driveway. Unit 2: Well-maintained 2-bedroom apartment in top condition. Features new LVT floors, fresh paint, ceiling fans, a new refrigerator, and a concrete driveway. Includes 2-car garage parking. Leased at $700 per month. Unit 3: Another excellent apartment with a long-term tenant, leasing for $550 per month. Recent upgrades include new paint and exterior stairs. Property Features: New exterior paint and calling throughout the complex Good windows and gutters 6-year-old roof Bi-monthly serviced HVAC system Owner pays water; tenants cover remaining utilities Investment Highlights: Real estate has always been a premier investment, but a triplex that needs nothing except a turnkey closing to a capable manager is a rare find. With all three units under recent one-year leases and long-term tenants in place, this property is ready to generate consistent income from day one. Don’t miss out on this turnkey investment opportunity!

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