1354 S Hydraulic St, Wichita, KS 67211

Secure your next portfolio asset following the 1% rule at 1354/1356 S Hydraulic. This duplex offers a strategic opportunity with two mirrored 1-bedroom, 1-bathroom units, totaling 1,316 sq ft. A significant recent upgrade includes a brand new roof installed in September 2024, ensuring long-term peace of mind. Both sides are currently occupied by long-term tenants, who have provided consistent income for the seller's full five years of ownership, generating total rents of $1,065 per month. While the detached rear garage is currently unusable, it presents a clear opportunity for forced equity through renovation down the road. One water heater was replaced in 2016, and overall mechanicals are in good condition. This property offers immediate cash flow with tangible potential for increased value. Offers must be written as-is. To protect the privacy of the tenants, showings will only be coordinated upon receipt of an acceptable offer. A link to photos of deferred maintenance is available … read more …