1724 SE Pennsylvania AVE, Topeka, KS 66607
1724 SE Pennsylvania AVE, Topeka, KS 66607
1724 SE Pennsylvania AVE, Topeka, KS 66607
1724 SE Pennsylvania AVE, Topeka, KS 66607
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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 Drake

MLS Listing ID 246137

Style Side-by-Side

Bedrooms 2

Year Built 1959

Annual Tax Amount $1,753

Lot Dimensions 155x56

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, established Topeka neighborhoods. Sold as a package at $618,000.

Location

State KS

County Shawnee County

Direction SE 21st east to Pennsylvania, north to the property.

Interior

Fireplace No

Building

Faces SE 21st east to Pennsylvania, north to the property.

Architectural Style Side-by-Side

Schools

Elementary Schools Williams Science/Fine Arts Elementary School/Usd

Middle Schools Eisenhower Middle School/Usd 501

High Schools Highland Park High School/Usd 501

Others

Tax ID R32402

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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1724 SE Pennsylvania AVE