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Listed by Patrick Habiger • KW One Legacy Partners, LLC
$618,000
Est. payment /mo
2 Beds
1 Bath
920 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Package of Properties
Listing Status Active
Purchase Type For Sale
Square Footage 920 sqft
Price per Sqft $671
Subdivision Highland Crest
MLS Listing ID 246143
Style Ranch
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 920
Year Built 1952
Annual Tax Amount $652
Lot Dimensions 53x185
Property Sub-Type Package of Properties
Source sunflower
Property Description
11-Unit Cash-Flowing Rental Portfolio – 10.5% Cap Rate – $618,000 Rare opportunity to acquire a diversified, cash-flowing rental portfolio in one transaction. This package includes 11 units across a mix of single family homes and duplexes, spread across established Topeka neighborhoods, delivering a 10.5% cap rate. Included Properties: 534 NE Grattan St 536 NE Grattan St 538 NE Grattan St 309 NE Twiss Ave 1232 NW Jackson Ave 3309 SE Indiana Ave 940 & 942 NE Poplar St (duplex) 1724 SE Pennsylvania Ave Up 1724 SE Pennsylvania Ave Down 1523 SW Western 9 of the 11 units are currently occupied and producing rental income, with 2 vacant units offering immediate upside for an incoming investor to set rents at market rate. Ideal for investors looking to scale a rental portfolio in established Topeka neighborhoods. Sold as a package at $618,000.
Location
State KS
County Shawnee County
Direction 29th East to Indiana, South to address.
Interior
Fireplace No
Building
Faces 29th East to Indiana, South to address.
Architectural Style Ranch
Schools
Elementary Schools Ross Elementary School/Usd 501
Middle Schools Eisenhower Middle School/Usd 501
High Schools Highland Park High School/Usd 501
Others
Tax ID R37196
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