1646 S Fern St, Wichita KS 67213 (Off Market)

For Sale, USD 900,000


1646 S Fern St, Wichita KS 67213,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 9,936 ft² / 923 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

High-Yield 8.33% CAP Rate - Fully Leased 12-Unit Portfolio Maximize your ROI with this turnkey 12-unit multifamily portfolio. Comprised of three well-maintained four-plex buildings on a single parcel, this property offers an exceptional 8.33% CAP rate at the $900,000 asking price. Stable Income: 100% occupancy with an annual gross income of $75,000. Tenant Demand: All units are high-demand 2-bedroom, 1-bathroom layouts. Convenience: On-site parking (1 space/unit) plus ample street parking. Low Vacancy Risk: Diversified across three buildings, providing a resilient income stream with rents currently ranging from $675-$750/month. Perfect for the seasoned investor looking for immediate cash flow or a 1031 exchange. Don't miss this rare opportunity to acquire a high-performing asset in a steady rental market.
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1646 S Fern St, Wichita KS 67213, United States,Kansas,Wichita is a 9,936ft² Wichita luxury Multi-Family Home listed for sale USD 900,000. This high end Wichita Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Wichita or search for luxury properties for sale in Wichita.