6417 E Cottonwood Ln

Wichita, KS 67207

About this property

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.

Features and Additional Information

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$750,000 Active
1,650 SQFT

Presented By Coldwell Banker Select OKC

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Keller Williams Hometown Partners
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Area Information

SCKMLS | Sedgwick County |

$ 750,000
This listing is play_arrow 203.4% higher than the average in the area
$ 247,164 in the area
1,650 SqFt
This listing is play_arrow 5.3% larger than the average in the area
1,568 SqFt in the area
$ 455 $/SqFt
This listing is play_arrow 165.1% more than the average in the area
$ 171 $/SqFt in the area
61 days on site
This listing is play_arrow 73.9% below the average in the area
234 days on site in the area

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Listed By Josh Roy
Brokerage: Keller Williams Hometown Partners

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