12013-12015 W Fontana St, Maize, KS 67205

$370,000
2,316
SqFt

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Listing courtesy of Listing Agent: Danielle Keenan from Listing Office: Heritage 1st Realty.

List Price
$370,000
Status
ACTIVE
MLS#
SCK677522
Year Built
2022
Style
Side by Side
County
Sedgwick
Subdivision
Oasis

Property Description

Built in 2022 and fully occupied, this modern West Wichita duplex offers an excellent opportunity to add a newer, income-producing property to your investment portfolio. Located at 12013 & 12015 W Fontana, both 3-bed, 2-bath units are currently leased and together generate $3,240 in monthly rental income. Each unit offers a spacious, open-concept layout with vaulted ceilings, recessed lighting, LVP flooring, and an abundance of natural light. The kitchens feature white cabinetry, solid-surface countertops, stainless appliances, and a large center island overlooking the living area. Each unit also includes a private primary suite with its own bathroom and generous walk-in closet, in-unit laundry hookups, and attached two-car garage. 12013 is currently leased at $1,595/month through February 28, 2027. 12015 is currently leased at $1,645/month through July 31, 2027 and participates in the HAP program, with the unit currently qualifying for up to $1,900/month in rent. HOA includes lawn and sprinkler maintenance. With current gross rents of $38,880 annually, established tenants, newer construction, and attractive finishes, this property offers the opportunity to acquire a turnkey rental without the immediate renovation and lease-up typically associated with a new investment. Whether you're growing an existing portfolio or looking for your first multifamily property, 12013 & 12015 W Fontana deserve a closer look!

Additional Information

Hoa Fee
$1,730
Taxes
$6,160
Living Area
2,316
Appliances
Dishwasher, Disposal, Range, Refrigerator
Heating
Electric
Cooling
Electric
Construction
Masonite
Roof
Composition
Elementary School
Maize Usd266
Middle School
Maize
High School
Maize

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