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Cherry Steinkuehler

cherrysteinkuehler@gmail.com +1(785) 979-4005

Listed by Patrick Habiger • KW One Legacy Partners, LLC

$ 618,000

Est. payment | -/mo

2 Beds

1 Bath

1,137 SqFt

Save

$ 618,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,137 SqFt

Key Details

Property Type Single Family Home

Sub Type Package of Properties

Listing Status Active

Purchase Type For Sale

Square Footage 1,137 sqft

Price per Sqft $543

Subdivision Wm Curtis Addn

MLS Listing ID 246142

Style Bungalow

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 1,137

Year Built 1907

Annual Tax Amount $838

Lot Dimensions 35x162

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 From S Kansas Ave to SW 13th, West on SW 13th to SW Jackson, North on SW Jackson to property on East side of road.

Rooms

Basement Crawl Space

Interior

Flooring Hardwood

Fireplace No

Laundry Main Level

Exterior

Roof Type Composition

Building

Faces From S Kansas Ave to SW 13th, West on SW 13th to SW Jackson, North on SW Jackson to property on East side of road.

Architectural Style Bungalow

Structure Type Frame

Schools

Elementary Schools Quincy Elementary School/Usd 501

Middle Schools Chase Middle School/Usd 501

High Schools Topeka High School/Usd 501

Others

Tax ID R23805

Nearby Locations

"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

1232 NW Jackson ST Topeka, KS 66608