1523 SW Western AVE, Topeka, KS 66604
1523 SW Western AVE, Topeka, KS 66604
1523 SW Western AVE, Topeka, KS 66604
1523 SW Western AVE, Topeka, KS 66604
1523 SW Western AVE, Topeka, KS 66604
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Listed by Patrick Habiger • KW One Legacy Partners, LLC
$ 618,000
Est. payment | /mo

2 Beds

1 Bath

920 SqFt


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

2 Beds

1 Bath

920 SqFt

Key Details

Property Type Single Family Home

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

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! "

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1523 SW Western AVE