1317 S Palisade St Wichita, KS 67213

Wow - What a great investment opportunity located in south central Wichita, right on the Arkansas River! Here is your chance to purchase two duplexes with a total annual income of $31,020 with room for more! Both duplexes have brick exteriors, ample off-street parking, covered front entries, and a beautiful view of the Arkansas River. All units have 2 sizable bedrooms, 1-bathroom, a spacious living room, and a large eat-in kitchen with washer/dryer hookups and a sliding patio door to the yard. 1317 S. Palisade Ave - Rented for $675 per month on a month-to-month basis. This unit has been recently remodeled with new paint and LVP flooring! 1319 S. Palisade Ave - Rented for $600 per month on a month-to-month basis. This unit has been recently remodeled with new paint and LVP flooring! 1321 S. Palisade Ave - Rented for $510 per month on a month-to-month basis. 1323 S. Palisade Ave - Rented for $800 per month until February 28, 2025 This unit has been recently remodeled with new paint and LVP flooring! The tenants pay for water and electricity (no gas) and the owner pays for trash and mowing. The dishwasher, oven/range, and refrigerator transfer for all units. Per the seller, the roofs were replaced around 2019, new exterior paint and storm doors in 2024, and the AC and furnace are regularly serviced and maintained with many units having furnaces recently replaced or rebuilt.  Don't miss out on this wonderful opportunity to add to your investment portfolio!!! This property is located in the Gilbert-Mosley groundwater contamination site. Property to be sold as-is.