4770 Railroad Avenue, Shawnee, KS 66218

Property Description

Turnkey triplex at 4770 Railroad Avenue offering immediate cash flow with room to grow. The front unit is a 3-bedroom, 1-bath currently leased month-to-month at $1,295, while the upstairs rear unit is a 3-bedroom, 1-bath with stackable washer and dryer, also leased month-to-month at $1,325. The downstairs rear unit is a 1-bedroom, 1-bath with stackable washer and dryer, currently vacant and ready for a new tenant or owner-occupant, giving a buyer flexibility to set market rent or move in immediately. All three units were remodeled within the last two years, reducing near-term capital expenditure and supporting stronger rent-to-value performance. Residents are responsible for all utilities, keeping operating expenses low and simplifying management. Month-to-month leases on two of the three units provide an investor the ability to reposition rents to market without waiting on lease expirations. A strong opportunity for an investor seeking updated construction, minimal deferred maintenance, and immediate income with upside. All information is deemed reliable but not guaranteed. Buyer/ Realtor to verify all information.