INVESTMENT OPPORTUNITY: 4 Duplexes, 8 Units – Great Rental Income Potential! This prime real estate listing includes 4 well-maintained duplexes, offering a total of 8 rental units across four highly visable locations. With a mix of 1-bedroom and 2-bedroom units, these properties are perfectly suited for long-term investment, providing steady cash flow in a steady market. KEY FEATURES: * 119/117 E 12th St – 1-bedroom duplex, 1,344 sq ft, $750/month (both) * 220 W 7th St/121 N F St – Roomy 1-bedroom duplex, 1,384 sq ft, $700/month (both) * 306/308 S Elm – Large 2-bedroom duplex, 1,728 sq ft, $825/month (both) * 824/822 E 4th St – Spacious 1-bedroom duplex, 1,174 sq ft, $1,050/month (both) * Total Units: 8 Total Rent Potential: $3,325/month * This duplex bundle features three 1-bedroom units (6 units) and one 2-bedroom unit (2 units), each with generous square footage and room for potential appreciation. The diverse unit mix offers flexibility for different types of tenants, increasing the attractiveness and demand. These duplexes are strategically located in highly rentable areas, ensuring minimal vacancy rates and strong tenant retention. Whether you're a seasoned investor or just starting to build your portfolio, this property presents a reliable income stream and long-term growth potential. Don't miss out on this exceptional investment opportunity! Contact us today to learn more or to schedule a showing. NOTE: units are occupied so allow a minimum of 48 hours notice for coordinating showings with tenants.
Discover the opportunity to own a charming duplex in Wellington, perfect for those seeking investment properties or a convenient living situation. This multi-family residence features two distinct units. Unit one is a cozy retreat with three bedrooms and 1 3/4 baths. It comes complete with central heat & air, a one-car attached garage ideal for staying dry on rainy days, a sizable 24' x 24' detached shop perfect for weekend projects. Unit is currently rented for $700/month. Meanwhile, unit two offers two bedrooms and 1 1/2 baths. It mirrors the other side with a one-car attached garage and also includes central air to fend off the summer heat. Essential appliances like a range and refrigerator are part of the package. This unit rents for $525 monthly. Both units have separate utilities paid by the tenants, simplifying management and expenses. Location is a draw for this property, situated within walking distance to schools for all ages and athletic fields, offering plenty of after-school activities and sports programs for residents to enjoy. Whether you're looking to invest in rental property or want a place close to everything, this duplex presents a smart choice seasoned with convenience and potential. A perfect start or addition to your portfolio!
Wellington is located in Kansas. Wellington, Kansas has a population of 7,745. Wellington is less family-centric than the surrounding county with 34.26% of the households containing married families with children. The county average for households married with children is 35.19%.
The median household income in Wellington, Kansas is $50,676. The median household income for the surrounding county is $54,854 compared to the national median of $69,021. The median age of people living in Wellington is 39.4 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 34.5 inches per year, with 12.4 inches of snow per year.