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Listed by Nicholas Lerner • McGrew Real Estate Inc
$ 379,900
Est. payment /mo
Active
3615-3617 Brush Creek DR Lawrence, KS 66047
0.36 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2625006
Year Built 1978
Annual Tax Amount $2,968
Lot Size 0.360 Acres
Acres 0.35998622
Property Sub-Type Duplex
Source hmls
Property Description
Investor Alert! Turnkey duplex with Strong Rental Income in a Prime Lawrence Location. Here's an opportunity to acquire a quality investment property that checks all the boxes: location, condition, and reliable cash flow. This is a well-maintained duplex located in central Lawrence, offering a prime location conveniently situated between the University of Kansas and Downtown. This location continues to attract strong tenant demand from a variety of renter profiles. The current owner has built a reputation for thoughtfully renovating properties to a higher standard than the typical rental unit. Through strategic updates and improvements, this duplex has been positioned to attract quality tenants while achieving above-average rental rates. The property features two units with 2 bedroom , 2bathrooms, and a loft area. With new leases scheduled to commence at the end of July, the property will generate $3,050.00 per month in gross rental income through July 28, 2027, providing investors with immediate and predictable cash flow. Whether you're looking to expand an existing portfolio or acquire a turnkey investment in one of Kansas' most stable rental markets, this property deserves serious consideration. This property is professionally managed by Foxtail Real Estate Co., one of Lawrence's leading property management firms. For investors seeking a truly turnkey acquisition, Foxtail is prepared to continue management services after closing, providing a seamless transition of ownership and day-to-day operations. Buyers will benefit from established systems, tenant relations, and local market expertise from day one. Alternatively, the new owner retains the flexibility to self-manage or select the property management company of their choice. Rent rolls and financial information are available upon request.
Location
State KS
County Douglas
Zoning PD
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features true
Utilities Available Other
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Sunflower
Middle Schools Southwest
High Schools Lawrence
School District Lawrence
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Michael Green
Team Leader - Agent | License ID: 2019032997/CO90084900
+1(816) 560-5620 | michaelgreen52@yahoo.com