• Rushwood Duplexes - 3605-3647 N. Rushwood St., Wichita, KS 67226

For Sale

Multi-Family

For Sale

This property is available for sale
20,000
SF
$1,275,000
Sale Price
  • Overview

    Located in Northeast Wichita near the southeast intersection of 37th and Woodlawn. 5-building, 10-unit duplex development built between 1999-2000. Total land size: 1.1 acres. Each unit has 3 bedrooms and 3 bathrooms at approximately 2,000 SF/unit. Units feature two car garages, finished basements, washer/dryer hook-ups, fireplaces, dishwashers, built-in microwaves, stoves and refrigerators and deck and patio areas. Tenants pay all utilities and trash. Average Current Rent: $1,186 Current Asking Rents: $1,210 2018 Taxes: $12,635 Asking Price: $1,275,000 2018 NOI: $100,594 Cap Rate: 7.9%

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Property Details

Located in Northeast Wichita near the southeast intersection of 37th and Woodlawn. 5-building, 10-unit duplex development built between 1999-2000. Total land size: 1.1 acres. Each unit has 3 bedrooms and 3 bathrooms at approximately 2,000 SF/unit. Units feature two car garages, finished basements, washer/dryer hook-ups, fireplaces, dishwashers, built-in microwaves, stoves and refrigerators and deck and patio areas. Tenants pay all utilities and trash. Average Current Rent: $1,186 Current Asking Rents: $1,210 2018 Taxes: $12,635 Asking Price: $1,275,000 2018 NOI: $100,594 Cap Rate: 7.9%

  • Property Type
    Multi-Family
  • Sale Price
    $1,275,000
  • Total Building Size
    20,000RSF
  • Sale Status
    Available
  • Last updated
    Oct 24, 2019
  • Property ID
    2011097

Landlord's Sales Representative

  • Jeff Englert
    NAI Martens