2044 S Broadway Ave, Wichita, KS 67211

Local realty services provided by:ERA Great American Realty
2044 S Broadway Ave,Wichita, KS 67211
$650,000
  • - Beds
  • - Baths
  • 13,068 sq. ft.
  • Multi-family
  • Active
Listed by:don hamm
Office:wheat state realty, llc.
MLS#:633405
Source:South Central Kansas MLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$49.74

About this home

Fantastic investment opportunity!! 22 studio unit apartments. Many of these units have been renovated. Updates include new pex plumbing installed, LVP flooring, and gas lines. Several furnaces have been updated as well. Tenants pay electric. Owner pays, gas, trash, yard, and water and provides fridge and stoves. There is also a large storage building (90x25) that could provide another rental income stream. This property consists of 3 parcels (2044, 2050 & 2056 S Broadway). Monthly rent when full is $8010 ($96,120 per year) and currently there are only 2 vacancies. There are 2 units that were involved in a fire that are in the process of being renovated. A wonderful opportunity to expand your rental portfolio.

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Home facts

  • Year built:1955
  • Listing Id #:633405
  • Added:614 day(s) ago
  • Updated:May 24, 2024 at 02:41 PM

Rooms and interior

  • Living area:13,068 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Building area:13,068 sq. ft.

Schools

  • High school:West
  • Middle school:Hamilton
  • Elementary school:Gardner

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$49.74
  • Tax amount:$4,803 (2022)
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