This stunning, fully remodeled 4-unit multifamily property offers a fantastic investment opportunity. Originally a church, this unique building has been thoughtfully transformed into modern living spaces, blending character with contemporary updates. The property boasts a versatile mix of units: two spacious 3-bedroom, 2-bathroom units, and two comfortable 2-bedroom, 1-bathroom units. Adding significant value potential, one of the 2-bedroom units is currently unfinished, presenting a blank canvas for the next investor to customize and complete according to their vision. This unfinished unit offers a prime opportunity to build instant equity and increasing rental income potential. Imagine the possibilities! Each unit has been meticulously remodeled and features the convenience of in-unit washer and dryer hookups. The kitchens are fully equipped with all appliances, making this property truly move-in ready for tenants. Recent extensive updates further enhance this property's appeal. A brand-new concrete driveway and parking lot provide ample off-street parking, while new fencing on the east and south sides adds privacy and security. All new exterior painting and, adding even more value, the current owner is generously passing on city approved architectural blueprints for future development, valued at over $7,000! This is a significant bonus for any investor looking to further expand or enhance the property. This is more than just a multifamily property; it's an investment in a thriving community. Don't miss this chance to own a beautifully remodeled, income-generating property with incredible potential for future growth. Schedule a showing today and experience the charm and potential of this exceptional property firsthand!
MLS# | 650513 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1946 |
Days On Site | 42 |
Listing Provided By | Asher House Realty | Ashley Collins |
SQ Feet | 3,311 |
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Units | 4 |
Acreage | 11055.00 |
State | KS |
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County | Sedgwick |
City | Wichita |
Zip Code | 67211 |
School District | SCKMLS |
Community Name | ALLEN & SMITH |
School District | West |
Elementary School | Gardiner |
Middle School | Hamilton |
High School | West |
Listing VS Median (In ALLEN & SMITH) | |
Price: $299,900 low | high Med: $175,000 SqFt: 3,311 low | high Med: 1,632 $ / SqFt: $91 low | high Med: $107 On site: 42 low | high Med: 7.000000 |