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2116 S Seneca St

Wichita, KS 67213
  • $1,300,000
  • STATUS: Active
  • MLS #: 618204
$1,300,000
  • 0
    BEDS
  • 20
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 31,374
    SQFT
  • $41
    $/SQFT
Neighborhood:
207
Type:
Multi-Family
Built:
1978
County:
Area:
207

School Information

Elementary School:
Middle School:
High School:

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Terra Alonzi of Exp Realty, Llc.




Description

This is a phenomenal income opportunity! This 24 unit apartment complex features 12 studio units & 12 1 bedroom units. All units were remodeled and the property is being turned over to Section 8 housing. what does this mean for the perspective new owner?? Guaranteed income every month! No more fighting to collect rent, this is an easy system. Currently there are other housing programs that are worked with as well! Looking for a long-term, appreciating plan? look no further. The stock market is down, look towards a stable place to park your money, this is it!

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-05T00:00:43.577.
www.sellingwichitahouses.com/homes/134156498
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2116 S Seneca St Wichita, KS 67213

  • Price: $1,300,000
  • Status: Active
  • On Site: Days
  • MLS #: 618204
0
Beds
0
Baths
0
½ Baths
20
Acres
31,374
SQFT
$41
$/SQFT
1978
Built
Neighborhood:
207
County:
Sedgwick
Area:
207
Elementary School:
Woodman
Middle School:
Truesdell
High School:
South
School District:
Wichita School District (Usd 259)
Property Description
This is a phenomenal income opportunity! This 24 unit apartment complex features 12 studio units & 12 1 bedroom units. All units were remodeled and the property is being turned over to Section 8 housing. what does this mean for the perspective new owner?? Guaranteed income every month! No more fighting to collect rent, this is an easy system. Currently there are other housing programs that are worked with as well! Looking for a long-term, appreciating plan? look no further. The stock market is down, look towards a stable place to park your money, this is it!
Exterior Features

Architecture Garden Construction All Brick Lot Size Or Sq Ft 21550 Parking 1 Per UnitPaved Parking1 29 Roof Composition

Interior Features

1 Bed Units 12 Appliances DisposalRefrigerator Basement None Basement Finish None Basement Use None Cooling Individual Unit Efficiency Units 12 Heating Individual Unit Levels Two

Property Features

Age 21 - 35 Years Flood Insurance Unknown Gross Income 165000 HOA No Multifamily Type Apartment Complex Owner Finance No Owner Paid Expenses Lawn MaintenanceTrashWater/Sewer Ownership Individual Property Taxes 8918.89 Rent Efficiency Unit $550 Rent1 Bed Unit $650 Sale Or Rent For Sale Sq Ft Source Court House Tax Specials Annual 189.6 Tax Specials Total 189.6 Tax Year 2021 Tenant Paid Expenses Electric Terms Of Lease 1 Year Or More6 Months Or Less6 Months To 1 YearMonth To Month Utilities PublicSewer

Listing courtesy of Terra Alonzi of Exp Realty, Llc: [IDXCONTACTINFORMATION].


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-05T00:00:43.577.
 
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The Cultivate Group | eXp Realty LLC
1029 W Douglas Ave, Suite 215
Wichita KS, 67213

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Terra Alonzi of Exp Realty, Llc.