Turnkey triplex at 4770 Railroad Avenue offering immediate cash flow with room to grow. The front unit is a 3-bedroom, 1-bath currently leased month-to-month at $1,295, while the upstairs rear unit is a 3-bedroom, 1-bath with stackable washer and dryer, also leased month-to-month at $1,325. The downstairs rear unit is a 1-bedroom, 1-bath with stackable washer and dryer, currently vacant and ready for a new tenant or owner-occupant, giving a buyer flexibility to set market rent or move in immediately. All three units were remodeled within the last two years, reducing near-term capital expenditure and supporting stronger rent-to-value performance. Residents are responsible for all utilities, keeping operating expenses low and simplifying management. Month-to-month leases on two of the three units provide an investor the ability to reposition rents to market without waiting on lease expirations. A strong opportunity for an investor seeking updated construction, minimal deferred maintenance, and immediate income with upside. All information is deemed reliable but not guaranteed. Buyer/ Realtor to verify all information.
| MLS # | 2639324 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 10 |
| Listing Provided By | Lifestyles Realty Missouri, INC | Devaune Johnson |
| Story(s) | 2 |
|---|---|
| Units | 3 |
| Zoning | RES |
| Acreage | 0.41 |
| Property | 3545 |
|---|
| State | KS |
|---|---|
| County | Johnson, KS |
| City | Shawnee |
| Zip Code | 66218 |
| Area | 315 N=Wy Co Ln;S=75th;E=Switzer;W=Co Ln |
| Community Name | Wilder |
| Listing VS Median (in Wilder) | |
Price: $410,000 low | high Med: $0 On site: 10 low | high Med: | |
| State | KS |
|---|---|
| County | Johnson, KS |
| City | Shawnee |
| Zip Code | 66218 |
| Area | 315 N=Wy Co Ln;S=75th;E=Switzer;W=Co Ln |
| Community Name | Wilder |
| Listing VS Median (in Wilder) | |
Price: $410,000 low | high Med: $0 On site: 10 low | high Med: | |