1354 S Hydraulic St new to site Save Request In-Person Tour Request Virtual Tour
Wichita,KS 67211
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,316 sqft
Price per Sqft $75
Subdivision Schweiters
MLS Listing ID SCK658992
Style Side by Side
Year Built 1924
Annual Tax Amount $999
Tax Year 2024
Property Sub-Type Duplex
Property Description
Secure your next portfolio asset following the 1% rule at 1354/1356 S Hydraulic. This duplex offers a strategic opportunity with two mirrored 1-bedroom, 1-bathroom units, totaling 1,316 sq ft. A significant recent upgrade includes a brand new roof installed in September 2024, ensuring long-term peace of mind. Both sides are currently occupied by long-term tenants, who have provided consistent income for the seller's full five years of ownership, generating total rents of $1,065 per month. While the detached rear garage is currently unusable, it presents a clear opportunity for forced equity through renovation down the road. One water heater was replaced in 2016, and overall mechanicals are in good condition. This property offers immediate cash flow with tangible potential for increased value. Offers must be written as-is. To protect the privacy of the tenants, showings will only be coordinated upon receipt of an acceptable offer. A link to photos of deferred maintenance is available upon request.
Location
State KS
County Sedgwick
Interior
Heating Natural Gas
Cooling Electric
Exterior
Garage Description More than 2 per Unit,Covered
Utilities Available Natural Gas Available,Sewer Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Frame
Schools
Elementary Schools Linwood
Middle Schools Mead
High Schools East
School District Wichita School District (Usd 259)