2218 S Water St, Wichita, KS 67213

Property Description

Great investment opportunity with plenty of space and flexibility with this duplex! It offers two spacious units, each featuring 2 bedrooms, 1 bathroom, a kitchen, and living room on the main floor. The primary bedroom for each unit has a slider door that leads out their own private covered decks! In the finished basements, each unit provides a large second living area, bonus room with its own closet and en suite 2nd full bathroom with shower, plus an unfinished utility room with washer and dryer hookups- giving each side plenty of functional living and storage space. Outside, you'll find a large shared patio area leading to their own private 2-car garage within the detached 4-car garage. The units also have a huge benefit of their own long, paved driveways all the way to the garage on each side. The property is fully fenced with a combination of wood and chain-link fencing. Kitchen appliances, including the stove/oven, and dishwasher are included with both units (fridge as well in Unit 2220), and the windows have been updated. Unit 2218 is currently occupied by long-term tenants on a month-to-month lease and has received several updates, including interior paint, an updated dishwasher and range, and routine AC maintenance. Unit 2220 is vacant, offering the next owner the opportunity to make cosmetic updates and prepare it for a new tenant or owner occupancy and tons of potential to increase rent rates to make this an amazing opportunity. With one established tenant and one vacant unit, this property offers a great setup for an investor or someone looking to live in one side while generating rental income from the other. Don't miss your chance to add this to your investment portfolio - call for a private tour today!!