226 3rd Avenue S
Property Description
House Hack your way into real estate investing or expand your portfolio with this well-maintained triplex offering immediate income and future upside! Featuring two main-floor 2BR units and a remodeled 3BR lower-level apartment. The north main-floor 2BR unit is leased beginning 7/31 at $1,000/month, with tenant paying heat/gas, electric, and garbage. Two month-to-month leases provide flexibility for a new owner to adjust rental strategy over time, maximize income potential, or transition a unit for owner occupancy. Current rents for the month to month units $1050 & $975 plus utilities. Located on a corner lot with vinyl siding, steel roof, and a 1999 garage addition featuring three dedicated stalls with shared interior access. Tenants pay electric, garbage, and cable/internet. Conveniently located just 15 minutes south of Hutchinson with quick Hwy. 212 access to the SW Metro. Turnkey investment opportunity with immediate rental income and long-term potential!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $319,900 |
| Year Built: | 1930 |
| Lot Size: | 3,560.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-RMLSMN-7046112
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
2001 S Empire Avenue
Joplin, Missouri
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout