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Listed by Patrick Habiger • KW One Legacy Partners, LLC
$618,000
Est. payment /mo
2 Beds
1 Bath
863 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Package of Properties
Listing Status Active
Purchase Type For Sale
Square Footage 863 sqft
Price per Sqft $716
Subdivision Heery'S
MLS Listing ID 246140
Style Two Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 863
Year Built 1912
Annual Tax Amount $652
Lot Dimensions 25x125
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. Contact the listing agent for rent roll, income and expense details, and showing instructions.
Location
State KS
County Shawnee County
Direction Ne Seward to NE Grattan, north to property.
Interior
Fireplace No
Building
Faces Ne Seward to NE Grattan, north to property.
Architectural Style Two Story
Schools
Elementary Schools State Street Elementary School/Usd 501
Middle Schools Chase Middle School/Usd 501
High Schools Highland Park High School/Usd 501
Others
Tax ID R304229
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