3827-3829-3231 E Cessna St, Wichita, KS 67210

Property Description

Instant cash flow opportunity! Fully occupied and generating income from day one, this triplex presents a compelling opportunity for investors seeking immediate cash flow and long-term portfolio growth. Tucked within an established neighborhood in a location many people don't even realize is there, this income-producing property offers practical unit layouts, strong rental history, and future upside potential. Previously remodeled by the prior owner, the property features separately metered utilities, central heat and air, washer/dryer hookups, and shared backyard space with privacy fencing, patios, and deck areas designed for tenant enjoyment. Unit 3827 is a 2-bedroom, 1-bath unit featuring a stainless range, stainless over-the-range microwave, white refrigerator, and a semi-private patio separated by an attached storage unit. The storage area could potentially be retained for landlord use or explored as additional rental/storage income. Unit 3829 is a 2-bedroom, 1-bath unit featuring a stainless range, stainless over-the-range microwave, white refrigerator, and access to an oversized concrete patio area in the backyard. Unit 3831 is a 2-bedroom, 1.5-bath unit featuring a stainless steel refrigerator, stainless range, stainless vent hood, double sink with gooseneck faucet, and a small outdoor deck. Generating $2,150 in monthly rental income, this fully occupied triplex presents a strong opportunity for investors seeking immediate cash flow and long-term portfolio growth. Current rents are $700/month for Unit 3827, $700/month for Unit 3829, and $750/month for Unit 3831. Landlord is currently responsible for trash and lawn maintenance. Tenants enjoy convenient access to nearby schools, shopping, dining, public transportation, employment centers, and everyday amenities. Opportunities to acquire a fully occupied multi-family property with this combination of income potential and functionality do not come available often. Access to units available upon accepted contract. Access to back yard must be approved as one tenant has a dog.