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Dharam Chaudhari

dharam@reco.realestate +1(913) 906-8600

Listed by Patrick Habiger • KW One Legacy Partners, LLC

$618,000

Est. payment - /mo

2 Beds

1 Bath

920 SqFt

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UPDATED:

Key Details

Property Type Other Types

Sub Type Package of Properties

Listing Status Active

Purchase Type For Sale

Square Footage 920 sqft

Price per Sqft $671

Subdivision Highland Crest

MLS Listing ID 246144

Style Ranch

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 920

Year Built 1952

Annual Tax Amount $652

Lot Dimensions 53x185

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.

Location

State KS

County Shawnee County

Direction 17th & Western turn north to the property.

Interior

Fireplace No

Building

Faces 17th & Western turn north to the property.

Architectural Style Ranch

Schools

Elementary Schools Randolph Elementary School/Usd 501

Middle Schools Robinson Middle School/Usd 501

High Schools Highland Park High School/Usd 501

Others

Tax ID R37196

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Dharam Chaudhari

+1(913) 906-8600

FOUNDER | CEO | License ID: Licensed in KS,MO,IA,NE

FOUNDER | CEO License ID: Licensed in KS,MO,IA,NE

1523 SW Western AVE Topeka, KS 66604

Dharam Chaudhari

Key Details

Location

Interior

Building

Schools

Others

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1523 SW Western AVE