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6417 E Cottonwood Ln 6431 E Cottonwood Ln, Wichita, KS 67207

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For Sale

$750,000

14 beds • 1,650 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $454.55
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore 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.
MLS# 636802

Courtesy Of Hometown Partners, LLC

(316) 729-8500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Garbage Disposer, Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Central A/C, Window Unit(s) A/C
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Roof Type
    Composition Shingle
  • Rooms
    Basement, Bedroom

Map and Directions

Directions to 6417 E Cottonwood Ln 6431 E Cottonwood Ln, Wichita, KS 67207

Home seller CENTURY 21 Grigsby Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Grigsby Realty

(620) 672-5544
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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