185 N Indian Lakes Dr & 4 Additional Units, Clearwater, KS 67026

Property Description

RARE OPPORTUNITY to acquire 5 individual duplex units being sold as a package in the highly desirable Clearwater, KS school district. Collectively, the price has been reduced to $625,000, or you can now purchase these individually for $129,900 for each duplex unit. Located within city limits near shopping, schools, and everyday amenities, this investment offers strong rental appeal in a sought-after community. Because of this, tenant turnover is likely to be very low. Four of the six units are currently leased, providing immediate income, with rents as follows: • 2 units at $1,295/month • 2 units at $1,195/month The only current vacant units are 185 N. Indian Lakes Rd and 186 N. Tomahawk St. and these are expected to fill quickly. Each unit is approximately 1,050 sq ft and features a well-designed, open-concept layout with 3 bedrooms and 2 full bathrooms. Interior features include: • Spacious open floor plans • Kitchens with large islands, granite countertops, and stainless-steel appliances • All kitchen appliances remain and transfer to new buyer, including refrigerator, range/oven, dishwasher, and microwave • Primary suite with private full bath and generous closet space • Two additional bedrooms with ample closet storage • Second full bath with built-in linen/storage niches • Washer/dryer hookups • Slab construction (no basement) for low maintenance Exterior features include: • 1-car attached garage for each unit • Additional driveway and street parking • Units connected at garage walls for added privacy and sound buffering • Covered front porches with attractive cedar posts • Sprinkler systems Each unit has its own legal description and has already been split. All units are being sold together as one package. These well-maintained, high-quality units in a prime location make an excellent addition to any investment portfolio. All information deemed reliable but not guaranteed. Buyers and agents should confirm all information pertinent to them.