3103 & 3109 E. Funston St., Wichita, Ks 67219
18 views • Mar 29, 2022
Live Stream Auction Event! This property is being offered in a multi-property auction via live stream with real-time bidding! Property is selling with clear title at closing and no back taxes. Open house on all properties Sunday, March 27th, 1-5 PM.
What a great investment opportunity to purchase these two duplexes selling together in Southeast Wichita! There are a total of four units, all tenant occupied giving you a monthly income of $3,475 and an annual income of $41,700! Each unit has 3-bedrooms, 1.5-bathrooms.
The property features a detached four-car garage providing a covered parking spot for each unit. Off-street parking is also available. There are separate water, gas, and electric meters. Each unit has a front porch and backyard patio with a privacy fenced-in area. All units are clean, have no pets, and are smoke-free, per the seller.
Inside these quad-level units on the main level is a living room and kitchen with outside access, eating space, and includes the refrigerator, oven, and dishwasher. The upper level provides two bedrooms and a full bathroom. The lower level has a spacious family room, a third bedroom, and a half bathroom. The unfinished basement provides laundry hookups and storage space.
3103 - This unit is rented for $780 a month, month to month, with a $500 security deposit. (4-year tenant)
3105 - This unit is rented for $875, month to month, with an $875 security deposit.
3107 - This unit is rented for $910 a month with an $850 security deposit. (3-year Section 8 tenant with a lease until 10/31/22)
3109 - This unit is rented for $910 a month with a $750 security deposit. (3-year Section 8 tenant with a lease until 10/31/22)
Per the sellers, there was a sewer inspection for both duplexes on February 14th, 2018. (from the city main back to both duplexes). The results of each inspection were favorable. Videos are available upon request. See the property information packet for a list of updates from the seller.