940/942 NE Poplar ST, Topeka, KS 66616
940/942 NE Poplar ST, Topeka, KS 66616
940/942 NE Poplar ST, Topeka, KS 66616
940/942 NE Poplar ST, Topeka, KS 66616
940/942 NE Poplar ST, Topeka, KS 66616
940/942 NE Poplar 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

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

2 Beds

Key Details

Property Type Single Family Home

Sub Type Package of Properties

Listing Status Active

Purchase Type For Sale

Subdivision Jenkin W. Morris

MLS Listing ID 246145

Style Side-by-Side

Bedrooms 2

Year Built 1940

Annual Tax Amount $1,170

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 Sardou to Rec Center - turn left on Poplar

Interior

Fireplace No

Building

Faces Sardou to Rec Center - turn left on Poplar

Architectural Style Side-by-Side

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 R21244

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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940/942 NE Poplar ST