1033 / 1035 Clay ST, Topeka, KS 66604

$119,000

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List Price
$119,000
Days on Market
0
Status
ACTIVE
MLS#
245788
Style
Other
Year Built
1908

Property Description

Great investment opportunity in this three unit package, two separate parcels sold together for maximum cash flow. 1033 SW Clay is a single family rental bringing in $950 a month. 1035 SW Clay is a duplex with both units currently occupied, upstairs renting for $800 a month and the downstairs unit at $400 a month. All three units are filled right now with no vacancy. Tenants cover their own electric, landlord currently covers gas and water, leaving real upside for a buyer who wants to shift utilities back to tenant pay. Both properties already have new sewer lines in place, a major capital expense already handled for you. Combined income and stabilized occupancy make this a turnkey addition to any rental portfolio.

Additional Information

County
Shawnee County
Subdivision
Youngs Addn
Taxes
$1,327
Sewer
Public Sewer
Elementary School
Lowman Hill Elementary School/USD 501
Middle School
Robinson Middle School/USD 501
High School
Topeka High School/USD 501

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Calculator source: Real Geeks

Listing courtesy of KW One Legacy Partners, LLC.