S Millwood Ave, Wichita, KS 67213

2 Beds / 1 Baths • 830 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1947
  • 830
  • 7100
  • Detached Garage

Description

Discover a Hidden Gem on S Millwood Ave, Wichita, KS

Dive into a straightforward investment opportunity with this charming 2-bedroom, 1-bathroom home at S Millwood Ave in the heart of Wichita. Built in 1947, this property offers 830 sq ft of space, set on a 7,100 sq ft lot, and is primed for quick enhancements that promise significant returns.

Why S Millwood Ave?

Minimal Updates Required: Inside, the home needs just light updates—new flooring and a few touches here and there. It’s almost ready to serve as a lucrative rental property or a quick, attractive flip.

Rental Ready: With potential rental rates of $800 to $1,000, stepping into the rental market could hardly be easier.

Cosmetic Curb Appeal: Most of your investment can focus on enhancing the exterior aesthetics, making this home stand out in the neighborhood without the hassle of major renovations.

Modern Touches: Recently installed tankless water heater adds a touch of modern efficiency that is a strong selling point for potential renters or buyers.

Investment Snapshot:

Starting Bid: $85,000

Tax Efficiency: Annual taxes are only $615, enhancing your ROI.

Minimum EMD: $2,500

S Millwood Ave represents not just a house, but an opportunity. It’s perfect for investors who want to make a smart, simple entry into the real estate market or add a low-maintenance asset to their portfolio. This property isn’t about the challenges; it’s about the straightforward gains. Transform this solid house into a profitable venture with minimal input and maximum output.

Ready to capitalize on this opportunity? Reach out today to learn more or to schedule a walkthrough of this promising investment.

Estimated Spread

  • ARV $135,000
  • Price $85,000
  • Spread $50,000

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