538 NE Grattan ST, Topeka, KS 66616
538 NE Grattan ST, Topeka, KS 66616
538 NE Grattan ST, Topeka, KS 66616
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Cherry Steinkuehler

Cherry Steinkuehler

+1(785) 979-4005
Listed by Patrick Habiger • KW One Legacy Partners, LLC
$ 618,000
Est. payment | /mo

2 Beds

1 Bath

863 SqFt

Save
$ 618,000
Est. payment | /mo
Save

2 Beds

1 Bath

863 SqFt

Key Details

Property Type Single Family Home

Sub Type Package of Properties

Listing Status Active

Purchase Type For Sale

Square Footage 863 sqft

Price per Sqft $716

Subdivision Heery'S

MLS Listing ID 246140

Style Two Story

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 863

Year Built 1912

Annual Tax Amount $652

Lot Dimensions 25x125

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. Contact the listing agent for rent roll, income and expense details, and showing instructions.

Location

State KS

County Shawnee County

Direction Ne Seward to NE Grattan, north to property.

Interior

Fireplace No

Building

Faces Ne Seward to NE Grattan, north to property.

Architectural Style Two Story

Schools

Elementary Schools State Street Elementary School/Usd 501

Middle Schools Chase Middle School/Usd 501

High Schools Highland Park High School/Usd 501

Others

Tax ID R304229

Nearby Locations

Cherry Steinkuehler

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(785) 979-4005

cherrysteinkuehler@gmail.com

Topeka, KS, USA

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538 NE Grattan ST